Islamic banks create an interest in their own right as a rising branch in
financial intermediation, particularly in the post-crisis era. In addition, they
also deserve the attention of students of Islamism due to their possible
connection with Islamic movements. Through a comparison of Islamic and
conventional banking, we analyze the motivations and behavior of Islamic
economic actors who determine the cash flow to Islamic banks. Our findings
suggest that, in contrast to popular views that portray these actors as
ideologues or financiers of radical Islam, they have pragmatic motivations and
may adapt to liberal systems in order to seize economic incentives.