ABSTRACT
The existence of an Islamic bourgeoisie as distinct from a secular one has been suggested. The most powerful segment of the bourgeoisie derives its wealth and influence from parasitic relations with the state, not through entrepreneurial activities. Specific segments of the bourgeoisie have demonstrated an ability to block some governmental initiatives, as has just been described. The existence of an Islamic bourgeoisie as distinct from a secular one has been suggested. Despite the very considerable wealth of many of the investment company entrepreneurs, the principals and managers of the Islamic banks seek to retain social and even political distance from them. The commercial motive of attracting custom is manifested through the manipulation of Islamic symbols and imagery as well as through secular means of assuring potential investors of the trustworthiness and high rates of return provided by the companies. The principal opponents of the Islamic investment companies were the secular leftist opposition and those in government responsible for economic management.
