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Option 1: Badayuni - This option is not the correct answer as Badayuni did not call Akbar`s Din-i-Ilahi a monument of his folly.
Option 2: Vincent Smith - This is the correct answer. Vincent Smith called Akbar`s Din-i-Ilahi a monument of his folly, not of wisdom. Smith was a British historian and author who believed that Din-i-Ilahi was a misguided attempt by Akbar to create a new religion.
Option 3: Bami - There is no information available about Bami`s views on Akbar`s Din-i-Ilahi. Therefore, this option is not the correct answer.
Option 4: W. Haig - There is no information available about W. Haig`s views on Akbar`s Din-i-Ilahi. Therefore, this option is also not the correct answer.
In conclusion, the correct answer is Option 2, as Vincent Smith is the writer who called Akbar`s Din-i-Ilahi a monument of his folly, not of wisdom.