Islamic Banks Research Paper by arjavjen

Islamic Banks
A discussion of the various aspects of Islamic banking.
# 144907 | 1,790 words | 6 sources | APA | 2010 | IN


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Description:

This paper gives an overall assessment of Islamic banking, which has achieved tremendous growth in the economies where it is present. Various aspects of Islamic banking are examined, such as the Shariah law which governs the activities of Islamic banks and the forms of profit and loss sharing according to Islamic law. The first segment of the paper discusses the foundations of Islamic banking, which includes a detailed analysis of this network of banks. Next, the paper advocates studying Islamic banking, by emphasizing the benefits of this system. Additionally, the paper describes the activities and practices of Islamic banking, with an emphasis on the two forms of profit and loss sharing arrangements. The paper concludes by exploring the differences between Islamic banking and conventional banking.

TOC
Introduction
Foundation of Islamic Banking
Need for Studying Islamic Banking
Specifics of Islamic Banking
Comparison of Islamic banking with Conventional Banking
Risks in Islamic banking
Conclusion
References

From the Paper:

"Islamic banking is an important concept in banking, which is based on the principles of Islamic law. The Islamic banking practice, which started in the early 1970s, has achieved a tremendous growth in the last twenty five years. The network of Islamic banks has expanded to around 60 countries and its asset base accounts for almost $166 billion. Islamic banks have been playing an important role in all the economies where it has its presence. The tremendous growth as achieved by the Islamic banking is clearly evident to its market share. Depending upon the charters, Islamic banking possesses sufficient flexibility in acting as both, the shareholders and the creditors of the firm. In addition to this, Islamic banks also have the advantage of providing investment banking services to its customers."

Sample of Sources Used:

  • Ariffin, N.M. &Archer, S. (2008). Risks in Islamic banks: Evidence from empirical research Journal of Banking Regulation, Vol. 10 (2), pp. 153-163.
  • Archer, S. & Karim, R.A. (2009). Profit-sharing investment accounts in Islamic banks: Regulatory problems and possible solutions. Journal of Banking Regulation, Vol. 10(4), pp. 300-306.
  • Brown, K. (2003). Islamic Banking Comparative Analysis. The Arab Bank Review,Vol. 5 (2), pp. 43-50.
  • Cihak, M. & Hesse, H. (2008). Islamic Banks and Financial Stability: An Empirical Analysis. Retrieved October 08, 2010, from http://cass.city.ac.uk/conferences/emg2008/Papers/Hesse%2047.pdf
  • Hassan Al-Tamimi, H.A., Lafi, A.S. & Uddin, M.H. (2009). Bank image in the UAE: Comparing Islamic and conventional banks. Journal of Financial Services Marketing, Vol. 14 (3), pp. 232-244.

Cite this Research Paper:

APA Format

Islamic Banks (2010, October 16) Retrieved June 25, 2019, from https://www.academon.com/research-paper/islamic-banks-144907/

MLA Format

"Islamic Banks" 16 October 2010. Web. 25 June. 2019. <https://www.academon.com/research-paper/islamic-banks-144907/>

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