Not so. Those are a portion of the institutions I mean. Food for thought. Banking is not strictly legal under Islam. Oh, there is a thing they call banking. T

Not so. Those are a portion of the institutions I mean. Food for thought. Banking is not strictly legal under Islam. Oh, there is a thing they call banking. The broad strokes are that religious leaders must approve (read as siphon, redistribute or otherwise fiddle with) transactions for them to be halal. Interest is called riba, and riba is illegal. Instead they complicate matters with superfluous nonsense which is basically cargo cult banking to pretend interest rates don't exist and then it has to pass the imprimatur of a theologian. Rule of law is definitely not legal under Islam either. There is Sharia. Again with the religious imprimatur. Basically all institutions are subordinate to the rule of the religious authorities and their police. There are words they use in the Middle East but they do not contain our meanings of them. You can have a shiny sign and a web address, fancy lighting and polite staff offering mortgages and loans on a high street, but if it does not contain the correct algorithm then it is not actually a bank. It is a simulation. It is propped up by oil money and a subservient population. Not an organic self sustaining creation, it cannot truly self replicate. I don't think this kind of thing is a case of 'fake it until you make it'. It is more a case of copying everything about the thing except the very thing itself, a negation.