The emergence of Islamic banking: development, trends, and challenges
Islamic banks have emerged over the last four decades and witnessed remarkable growth in terms of numbers of new Islamic banks being established all over the world.This expansion is paralleled to an equal high growth in Islamic banking education.There exist various colleges and universities offerin...
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Format: | Article |
Language: | English |
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International Organization of Scientific Research (IOSR)
2013
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Online Access: | https://repo.uum.edu.my/id/eprint/15269/1/I0726771.pdf |
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author | Waemustafa, Waeibrorheem |
author_facet | Waemustafa, Waeibrorheem |
author_sort | Waemustafa, Waeibrorheem |
collection | UUM |
description | Islamic banks have emerged over the last four decades and witnessed remarkable growth in
terms of numbers of new Islamic banks being established all over the world.This expansion is paralleled to an equal high growth in Islamic banking education.There exist various colleges and universities offering courses related to Islamic banking and finance.This paper maps the growth and development of Islamic banking industry from 1963 to the 21st century both in terms of education, trend and challenges.This study could provide
a systematic documentation of the rapid growth in the Islamic banking industry and able to attract new participants.However, the rapid development in the global financial markets poses various challenges to Islamic banking in the present era. These issues and challenges need to be addressed very carefully in order to sustain the rapid growth it experienced before.This paper highlights the various developments, issues and
challenges confronting the Islamic banking to offer recommendations for further improvement. |
first_indexed | 2024-07-04T05:58:15Z |
format | Article |
id | uum-15269 |
institution | Universiti Utara Malaysia |
language | English |
last_indexed | 2024-07-04T05:58:15Z |
publishDate | 2013 |
publisher | International Organization of Scientific Research (IOSR) |
record_format | eprints |
spelling | uum-152692016-04-19T03:35:25Z https://repo.uum.edu.my/id/eprint/15269/ The emergence of Islamic banking: development, trends, and challenges Waemustafa, Waeibrorheem HG Finance Islamic banks have emerged over the last four decades and witnessed remarkable growth in terms of numbers of new Islamic banks being established all over the world.This expansion is paralleled to an equal high growth in Islamic banking education.There exist various colleges and universities offering courses related to Islamic banking and finance.This paper maps the growth and development of Islamic banking industry from 1963 to the 21st century both in terms of education, trend and challenges.This study could provide a systematic documentation of the rapid growth in the Islamic banking industry and able to attract new participants.However, the rapid development in the global financial markets poses various challenges to Islamic banking in the present era. These issues and challenges need to be addressed very carefully in order to sustain the rapid growth it experienced before.This paper highlights the various developments, issues and challenges confronting the Islamic banking to offer recommendations for further improvement. International Organization of Scientific Research (IOSR) 2013 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/15269/1/I0726771.pdf Waemustafa, Waeibrorheem (2013) The emergence of Islamic banking: development, trends, and challenges. IOSR Journal of Business and Management (IOSRJBM), 7 (2). pp. 67-71. ISSN 2278-487X http://doi.org/10.9790/487X-0726771 doi:10.9790/487X-0726771 doi:10.9790/487X-0726771 |
spellingShingle | HG Finance Waemustafa, Waeibrorheem The emergence of Islamic banking: development, trends, and challenges |
title | The emergence of Islamic banking: development, trends, and challenges |
title_full | The emergence of Islamic banking: development, trends, and challenges |
title_fullStr | The emergence of Islamic banking: development, trends, and challenges |
title_full_unstemmed | The emergence of Islamic banking: development, trends, and challenges |
title_short | The emergence of Islamic banking: development, trends, and challenges |
title_sort | emergence of islamic banking development trends and challenges |
topic | HG Finance |
url | https://repo.uum.edu.my/id/eprint/15269/1/I0726771.pdf |
work_keys_str_mv | AT waemustafawaeibrorheem theemergenceofislamicbankingdevelopmenttrendsandchallenges AT waemustafawaeibrorheem emergenceofislamicbankingdevelopmenttrendsandchallenges |