Editing Islamic banking and finance (section)

====Non-Muslim influence====
Islamic banking and finance customers, are almost all, if not entirely, Muslims. But the majority of financial institutions that offer Islamic banking services are Western financial institutions, not owned by Muslims. Supporters of Islamic banking have cited this interest of western banks in Islamic banking as evidence of the strong demand for Islamic banking and thus an "achievement of the movement".{{#tag:ref|"Another achievement of Islamic banking may be gauged from the fact that many conventional banks have also started using Islamic banking techniques in the conduct of their business, particularly in dealing either with Muslim clients or in dominantly Muslim regions."<ref name="Iqbal and Molyneux, p.58">Munawar IQBAL and Philip Molyneux. Thirty Years of Islamic Banking: History, Performance and Prospects [Palgrave, 2005] p.58</ref>|group=Note}}

However, critics complain these banks lack a deep faith-based commitment to Islamic banking which means 
#That Muslims employed within these organizations have little input into the actual management, resulting in sometimes well-founded suspicion among the Muslim populace as to the diligence of sharia compliance at these institutions.<ref name="dawn.com"/> 
#That rather than a reflection of the growing strength of Islamic banking, the interest of conventional banks reflects how similar Islamic banking has become to the conventional sort,{{sfn|Farooq|2005|pp=13–14}} so that the later can enter Islamic banking without making substantive changes to its practices.{{sfn|Farooq|2005|pp=13-14}}
#And that these banks will be more likely to withdrawing from the industry when the market takes a downturn.<ref name="HIHB2015:237">[[#HIHB2015|Irfan, ''Heaven's Bankers'', 2015]]: p.237</ref> Harris Irfan argues that the lack of ideological commitment to Islamic banking by non-Muslim banks such as [[Deutsche Bank]], will lead to their withdrawing from the industry when the market takes a downturn. In early 2011 during the housing bubble collapse, "not a single dedicated Islamic structurer or salesperson remained at Deutsche. Islamic finance had become 'a luxury the bank can't afford'"<ref name="HIHB2015:237"/>