Islamic banks should be returned to founders: Speakers

Reported By: ST Report Posting Time: 2024-08-24 20:54:35 Catagory: Business News
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Islamic banks should be returned to founders: Speakers

Islamic banks must be operated by the people who founded those banks based on Shariah to serve financial inclusion for the ordinary people of the country, according to a prominent economist.
Prof Abu Ahmed said this while speaking as the chief guest at a “customer rally” organised to protect Sharia-based Islamic banking, held in a hotel at Motijheel, Dhaka on Saturday.
He said, “Islamic banks will be run well when they would be operated fully based on Shariah. On this aim these banks were established, but some people snatched it at gunpoint for looting money from these banks.”
Economist Abu Ahmed said those who established Islami banks did not expect profit. Because of this, the assets of the bank were increased. And this increase in wealth has become the death knell for the bank due to some greedy people in the society.