Critical review of conventional and islamic banking in pakistan: A case study

The Islamic banking system has been credited as the champion of entrepreneurship in the arena of the economy and counter the interest-based finance system, due to its rapidly evolving. Presently the banks reached $1 trillion and growing approximately 20% per year. This fast face growth is seen not only in the Muslim world's commodities but also in the western world. The core purpose of this study is to identify the fundamental odds between Islamic banking and the traditional banking system in Pakistan on the ground of profit and expenditure analysis with the reference to great important structure, and risk management significantly by keeping the view of this era of scientific developments. Methodological this paper based on a review of the literature, more importantly banking performances in Pakistan. This evaluated the method of how the system of Muslims economists designed. The field of learning explores the proper supplement of Islamic banking in comparison to the traditional banking system. The outcome of the scrutiny is positive in terms of productivity and achievement banks have delivered better than conventional and traditional banks on the ground of these digital economies. Undoubtedly it is functional for the practitioners, and for the strategy makers to get direction for evolving the banking system.