. Originality/value – The paper offers some useful suggestions that may lead to effective interest-free banking operations in …Purpose – The purpose of this paper is to examine the concept of Islamic banking in Nigeria, against the backdrop of … issues and prospects in the context of Islamic banking in the Nigerian economy. Findings – Implementation and success of …

inflicted serious damage to the cause of Islam as well as Islamic banking. Interest is prohibited in Islam for its exploitative … of Pakistan. The practical success of interest-free banking and finance movement in Pakistan could not be materialized …Purpose – The main objective of the paper is to understand the reasons why Islamic banking failed in Pakistan despite …