Islamic Banking: Is It Really Kosher?

http://www.american.com/archive/2007/march-april-magazine-contents/islamic-banking-is-it-really-kosher/

I am doing a rough overview of how banking rules differ from one civilization to another. I am curious to see if the corrupting influence of western banking is universal...

Check out also this Wikipedia link:

http://en.wikipedia.org/wiki/Islamic_banking

interesting...Would these Islamic practices prevent collusion between big Islamic institutions to commit fraud on the scale of American or Western Banks? I am reading this new myself, and if you all have comments or insights please post them. I am not championing Muslim anything per se, but it's worthwhile to see if other cultures really have usable ideas...