Islamic Banking: State of the Art
نویسنده
چکیده
This paper reviews the progress of Islamic banking from both theoretical and practical aspects. It highlights the basic principles on which Islamic banking is based and describes the operational details of Islamic banks. It mentions some of the misgivings with respect to the viability of Islamic banking and evaluates them objectively. It highlights the effects of Islamic banking on savings, investment, growth, allocative efficiency and stability. The paper also reviews and evaluates the practice of Islamic banking both at the level of individual banks as well as country level experiences in Pakistan, Iran and Sudan. At the end, the paper identifies areas where further research is needed.
منابع مشابه
Market concentration of Malaysia's Islamic banking industry
The aim of this paper is to evaluate the nature and changes of market concentration in the Malaysia’s Islamic banking due to the restructuring of Islamic banking industry within the liberalization wave in the banking market. A total of 17 Islamic banks operating over the period of 2000-2010 had been considered. The structural approach framework was used to evaluate the nature and changes of mar...
متن کاملThe Effects of Banking Facilities on Economic Growth (Steady-State approach)
The purpose of this paper is to investigate the effect of banking facilities on economic growth with a steady-state approach. The econometric analysis of the paper is based on The Generalized method of Movements (GMM), using data for the period 1991-2017 collected from different data basis. The results show that banking facilities have a positive and significant impact on the economic sectors. ...
متن کاملAn examination of the relationship between service quality perception and customer satisfaction A SEM approach towards Malaysian Islamic banking
Purpose – This study attempts to examine the relationship between service quality perception and customers’ satisfaction in Malaysian Islamic banking using the SEM approach. Design/methodology/approach – This model starts with SERVQUAL measurement scales consisting of six dimensional structures: tangibles, reliability, responsiveness, assurance, and empathy, and plus the compliance dimensions t...
متن کاملCentral Banking in an Interest-Free Banking System
There is a vast literature on regulatory, monetary and institutional aspects of traditional banking system. This is not true for the interest-free Islamic banking framework. In this paper, the functions and tools of central banking in an Islamic framework are evaluated, and suggestions for adapting and revising the currently used tools of central banking for the Islamic central banking are made...
متن کاملIslamic Banking in Malaysia: A Study of Attitudinal Differences of Malaysian Customers
This research emphasizes attitudinal difference of Malaysian customers about Islamic banking services. The banking service providers can gain excellent benefit from Islamic banking practices upon identification of these differences. A structured questionnaire was constructed to collect the necessary data to answer the research questions as being framed on related affective factors of attitudina...
متن کامل