21.   Islamic banking is based on profit-sharing rather than interest.

22.   Islamic banking, which is based on profit-sharing rather than interest, is becoming increasingly popular in Muslim countries.

23.   On the performance of Islamic banking against conventional banking, Jamal said it was satisfactory to date and nearly matched the conventional scheme.

24.   Sheik Khalifa also visited Malaysia last week to sign bilateral memorandums of understanding to develop Islamic banking and finance and establish a Malaysian Trade and Distribution Center in Bahrain.

25.   State-owned United Bank Limited has actively lobbied against Islamic banking.

26.   The Malaysian financial systemhas expanded to encompass Islamic banking and the International OffshoreFinancial Centre in Labuan.

27.   The smooth operation of Bank Islam has proven that Islamic banking was comparable to the conventional banking system and that Islamic law was still relevant today.

28.   Wan Ismail, dapper in a pinstriped suit and blue tie, is part of the cosmopolitan face of Malaysian Islamic banking.

29.   Filipino state bank executives are being trained in Islamic banking to prepare for investments from Moslem countries in the southern Philippines, the presidential palace said Tuesday.

30.   In the last two years he has found an increasing number of Moslems switching from conventional to Islamic banking as Islamic products become more sophisticated and provide better returns.