However, the premature and sudden conversion of banking system to Islamic system coupled with the lack of preparedness and understanding among financial institutions and public posed difficultly in implementation. The Federal Shariat Court challenged some emerging products and processes and declared them un-Islamic.
The Shariat Appellate Bench of the Supreme Court upheld the decision of the Federal Shariat Court and offered guidelines to address the issues involved, setting a timeline for implementation. This decision was later set aside in a review petition filed by the United Bank. C.  Current state of industry  Some key lessons emerge from Pakistan’s experience of 1980s.