Islamic Banking

Islamic banking operates by sharing profit or loss between the bank and its clients, instead of interest, which is forbidden.

But it is growing at a rate of fifteen to twenty percent a year. There is growing interest in Islamic banking in the West.

The move comes as Islamic banking continues to see strong growth, in defiance of the credit crunch.

With 60% of Muslims living in poverty, Islamic banking is of little benefit to the general population.

But over the next two decades Islamic banking prospered, driven by a revival of faith following the Iranian revolution in 1979.

We'll definitely see growth in Islamic banking because there is a strong Islamist element to Libyan society and politics.

Among the topics introduced this year are Islamic banking and family business.

The environment in Bahrain is quite conductive for Islamic banking.

The majority of financial institutions that offer Islamic banking services are majority owned by Non-Muslims.

Such earning is against the original spirit of Islamic banking.

The majority of Islamic banking clients are found in the Gulf states and in developed countries.

Islamic banking assets already account for 12. 2% of total banking assets in Malaysia.

There is growing interest in Islamic banking in the West.

Islamic Banking And Finance In South-east Asia: Its Development And Future (2nd Edition)

MBA MBA in Islamic Banking & Finance

International Institute of Islamic Banking and Economy;