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Submitted by S IFTIKHAR ALI on

Islamic finance must spend time on research as special projects at universties to take a dispassionate view of the real practices to identify areas where tranparency must be felt by the reseachers
All islamic firms by law must be required to spend a percentage of realized profits otherwise for distribution to shareholders for reseach at top international universities qualified for original reseach under unified programe to uniformly examine issues and not the current practice of adopting models proposed by some institutions for profit
Real progress is possible if uniform adoption is possible based on quality reseachers not representing profit motive of commercial enterprises both ethical and mercantile banks