Islamic banks are expected to do many things and functions as financial intermediaries. There has been increasing lack of focus as expectations of shareholders, customers and regulators diverge into differing tangents. Islamic banks have been asked to do so many functions for the society that some of these functions are rather suitable in other types of Islamic organizations.

(a) Discuss the stakeholders various expectations towards Islamic banks.

(b) State your opinion as to the banks possible opportunities and limitations in carrying out such aspirations.

(c) Illustrate those with three (3) examples.