Yes, they do, and there are shariah stock market options as well. But as a rule, WE don’t use it...and wouldn’t unless we had no choice. One of the things about shariah banking and stock market trading is that anything that even remotely has to do with Israel is excluded. The alternative banking system would completely shut Israel out and bleed her dry.
Ever wonder about the amazing number of banks here and in Europe that have failed? Ever wonder why the Saudis were so involved with bill clinton and BCCI? Why the saudis were such good friends with bush daddy? george soros?
Why carlisle and haliburton relocated their corporate offices to dubai? Among many, many other things.
I coined the phrase “economic terrorism” before anyone else even thought about it...by at least two years.
They all scratch each others back and call it “Business is business”. But in the end they are all scrambling to get leverages monitarily, resource wise and food wise for when there is control of the financial markets from one center. Each one wants a place at that table, you can be sure of it, and as always those with the most money/assets and resources will come out on top.
As for the terrorists....well they are also being used as you know. Depends on which way the wind blows and whose in the fight behind the scene...and what’s on the table to win or loose at the moment.