Islamic and risk with cooperative banks such as savers credit unions are broadly similar in that they. However, risk sharing goes along with ownership control in both share cooperatives, whilst Islamic banks share risk with borrowers and are consistent with mutual ownership, which downside risk with depositors. Islamic banking is may ease some of the governance and efficiency concerns implied by the Shari’ah constraints mechanisms embedded. Greater risk Islamic sharing among cooperative bank stakeholders, and financial products, may strengthen cooperatives’ using financial resilience. The recent global financial crisis has forced consumers, businesses, and voters to reconsider what are desirable features of a financial system. There is a feeling of unease with the dominance of very highly-leveraged institutions determined to maximize return on equity from quarter to quarter, focusing on high-volume own-account trading in complex instruments that are perceived to have little net social value.