Over the past few years, Islamic Banking on a retail level has become more and more standardised in many Muslim countries due to a greater involvement from market regulators and standard setting bodies. 

Within some jurisdictions the differences between the retail products offered by the various Islamic Banks have become negligible.

While a lot of people criticise Islamic Banks and want a better version of Islamic Finance, they have given an alternative option to Muslim retail customers who chose to engage with the banking system within these countries based on the opinions of qualified Shariah Experts from all over the Muslim world.

Furthermore, the issue of Islamic Banking products being much more expensive than Conventional Banking products hardly exists in many of these countries.