In their minds such behaviour will create greater instability and amplify risks for the rest of the world. Pakistan is a moderate and progressive Islamic country that is committed to the war against extremism and terrorism and, thus, any suggestion that it will adopt policies that may be risky for the rest of the world is untenable.
President Musharraf is already paying a high price in combating the menace of terrorism and extremism in the country. These policies may have short- term costs but are essential to set the country on its course of enlightened moderation. Unfortunately, most of the assumptions and premises on which the hypotheses about the Islamic economic system have been constructed are seriously flawed.