1.Mr. Shehzad is a poor labor working on a daily basis, he is the sole breadwinner of his family, a lockdown was announced in the country due to COVID19 which made him unable to earn in these days.Because it is not a complete lockdown, anyone can sell fruits, vegetables and other glossory items at a specific time.He talked to a friend about taking money, his friend agreed to give him money but he also wants to get his profit on that money according to rules of Shariah.

Required:

If Shahzad goes to any Islamic or conventional bank to help him. Will the bank facilitate him? Stat your answer considering the risk factor posed by banking sector.

Required:

If Shahzad goes to his friend to get money. Given the conditions of the friend, what are the Islamic ways in which Shahzad's financial support is possible so that Shahzad's job will continue and his friend will also get a profit on his money?Which of the principles of Shari'ah will be obligatory for both of them to adopt this Islamic method?

2.Compared to conventional banking, Islamic banking has been growing rapidly around the world for the past two decades, although few scholars have some reservations on it.

What do you think could be the reasons for the rise of Islamic banking?Explain your answer with authoritative arguments.

3.Suppose a friend of yours asks you about Islamic banking and he does not believe in Islamic banking because Islamic banks use KIBOR in taking profitwhich is the benchmark of conventional banks and moreover Islamic Banks also receive extra money from thier customer in case of delay of his payment.So how do you satisfy your friend by answering these questions?