The internal challenges facing Islamic finance industry
نویسندگان
چکیده
منابع مشابه
“islamic Financial Services Industry: the European Challenges”
What is Islamic Finance? There are at least three characteristics which makes it different from the conventional debt finance. First, it prohibits riba or interest, or in other words a fixed and pre-determined rate of return to be paid on the deposits or to be received from the borrowers. The rate of return is variable and determined by the profit and loss that the bank makes during a given per...
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The notion of " Islamic finance " was born during the tumultuous identity-politics years of the mid-twentieth century. Indian, Pakistani, and Arab thinkers contemplated independence from Britain, and independence of Pakistan from India, within a context of " Islamic society. " Islam was assumed to inspire political, economic, and financial systems that are distinctive and independent of the Wes...
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Nutionul Westministcr still runs major core processes that were written in the early 19GOs. These and the systems that followed it were written using ttwls and techniques available at the appropriate time. Little structure or consistency of approach is apparent in the earlier systems, and in most cases little cohesion exists between systems supporting different areas of business. The organic gr...
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Small and medium enterprises (SMEs) play a vital role in the economy. In developing countries, these companies play an important role in creating employment, especially for women. Investing in the development of SMEs is a long-term and smart strategy with sustainable returns. SMEs constitute the vast majority of companies. Globally, SMEs constitute more than 95% of all productive units, when fo...
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ژورنال
عنوان ژورنال: International Journal of Islamic and Middle Eastern Finance and Management
سال: 2016
ISSN: 1753-8394
DOI: 10.1108/imefm-05-2015-0056