H.E. Mr Abul Mal Abdul Muheet, the minister of finance of Bangladesh (BD) has recently claimed in the Parliament on February 01, 2015 (Sunday) that, Islamic banking is a FRAUD, 'Riba' & today's 'Interest' are not same and practices of interest is on humanitarian ground.(Ref:
bdnews24.com).
It's neither justifiable nor acceptable if a minister with such an important authority claims or rules out some thing, which is in fact without knowledge, awareness, justification or understanding. Such act can simply be levelled as "irresponsibility" over own self, community, nation and world of humanity at large. Such irresponsibility may easily create a serious confusion in public with huge damage.
Islamic banking is not simply a traditional or religious issue, but it's a Divine integrated just system for all humanity with sustainable benefit & eco-protection as had been greatly appreciated, accepted & benefited not only by Muslim but also equally by non-Muslim across the world of the contemporary economic reality. (a paper from the World bank is linked here just for an idea:
http://dspace.khazar.org/…/Islamic%20vs.%20Conventional%20B…).
Thus, it's a gentle reminder to all levels of authorities including H.E. the minister to kindly "READ, UNDERSTAND, STRATEGIZE & VISUALIZE" before any issue to be expressed or ruled out for the public interest, so to help every one from being confused carelessly & suffered for nor reason.
