Islamic finance is a financial system that operates according to Islamic law (which is called sharia) 

Sharia
is the moral code and religious law of Islam

Islamic finance is not just the absolute prohibition of intrest. There is also the effort to maintain high
moral and ethical standards.

An early market economy and an early form of mercantilism, called "Islamic capitalism", were

developed between the eighth and twelfth centuries.

The word "riba" means interest, usury, excess, increase or addition, which according to Shariah
terminology,

 Paid up share capital is the amount of share capital paid by the shareholders. This may
be less than the called up capital as payments may be in instalments ("calls-in-arrears") .

Mirza Basheer-ud-Din Mahmood Ahmad was perhaps the first person to discuss Islamic
economics in detail in his books Nizame Nau (1942) and Islam ka Nizaam Iqtisadi(1945).

In the next two decades interest-free banking attracted more attention, partly because of the
political interest it created in Pakistan and partly because of the emergence of young Muslim
economists

The Islamic Development Bank (IDB) (Arabic: ‫ ) البنك اإلسالمي للتنمية‬is a multilateral development

financing institution located in Jeddah, Saudi Arabia. It was founded in 1973 by the Finance
Ministers at the first Organisation of the Islamic Conference (now called the Organisation of
Islamic Cooperation).

The bank officially began its activities on 20 October 1975, inspired by King Faisal.[1] There are
56 shareholding member states.[2] Mohammed bin Faisal is the former president of the IsDB.[3]
On the 22 May 2013, IDB tripled its authorized capital to $150 billion to better serve Muslims in
member and non-member countries. The Bank continues to receive the highest credit ratings of
AAA by major rating agencies.

On the basis of paid-up capital, major shareholders include:

1. Saudi Arabia (26.5%)

2. Libya (10.7%)
3. Iran (9.32%)
4. Egypt (9.22%)
5. Turkey (8.41%)
6. United Arab Emirates (7.54%)
7. Kuwait (7.11%)
8. Pakistan (3.31%)
9. Algeria (3.31%)
10.Indonesia (2.93%)

Economy of the Organisation of Islamic Cooperation

The economy of the Organisation of Islamic Cooperation (OIC) combines the economies of
57 member states. 49 are predominately Muslim states. The other 8 have large Muslim
minorities. Those 57 countries have a combined GDP (at Purchasing power parity; PPP) of
USD7,740 billion. The richest country on the basis of GDP per capita at PPP is United Arab
Emirates. On basis of per capita GDP, Qatar is richest country with incomes exceeding
US$108,000 per capita.

 Pakista GDP/capita Exports

GDP (PPP)514,600,000,000 Imports 40,260,000,000
n (PPP)2,540 24,850,000,000

List of banks in Pakistan

http://en.wikipedia.org/wiki/List_of_banks_in_Pakistan

http://www.liveislamonline.com/islam/islamic-banks-in-pakistan-list.html