Will it survive? challenges faced by Islamic banking and finance in today’s world

Despite the significant accomplishments made by Islamic banks over the past decades, there are still some notable issues from a marketing of financial services point of view that require attention in order to strengthen their market position relative to their conventional banking counterparts. Based...

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Main Author: Jan, Muhammad Tahir
Format: Article
Language:English
Published: IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM). 2018
Subjects:
Online Access:http://irep.iium.edu.my/56038/
http://irep.iium.edu.my/56038/
http://irep.iium.edu.my/56038/1/56038_Will%20It%20Survive.pdf
id iium-56038
recordtype eprints
spelling iium-560382018-06-11T03:35:12Z http://irep.iium.edu.my/56038/ Will it survive? challenges faced by Islamic banking and finance in today’s world Jan, Muhammad Tahir HB126.4 Islamic Economics HG3368 Islamic Banking and Finance Despite the significant accomplishments made by Islamic banks over the past decades, there are still some notable issues from a marketing of financial services point of view that require attention in order to strengthen their market position relative to their conventional banking counterparts. Based on a review of extant literature this paper submits that with due recognition of the Islamic banks’ peculiar practical and regulatory milieu, financial products development in its entire ramifications is a sine qua non for continuous but sustainable growth of the Islamic banks. This should be complemented by developing a robust legal structure that enhances operational efficiency without infringing on growth potentials. IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM). 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/56038/1/56038_Will%20It%20Survive.pdf Jan, Muhammad Tahir (2018) Will it survive? challenges faced by Islamic banking and finance in today’s world. Journal of Islamic Finance, 7 (1). pp. 58-67. ISSN 2289-2109 E-ISSN 2289-2117 http://journals.iium.edu.my/iiibf-journal/index.php/jif/article/view/292
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HB126.4 Islamic Economics
HG3368 Islamic Banking and Finance
spellingShingle HB126.4 Islamic Economics
HG3368 Islamic Banking and Finance
Jan, Muhammad Tahir
Will it survive? challenges faced by Islamic banking and finance in today’s world
description Despite the significant accomplishments made by Islamic banks over the past decades, there are still some notable issues from a marketing of financial services point of view that require attention in order to strengthen their market position relative to their conventional banking counterparts. Based on a review of extant literature this paper submits that with due recognition of the Islamic banks’ peculiar practical and regulatory milieu, financial products development in its entire ramifications is a sine qua non for continuous but sustainable growth of the Islamic banks. This should be complemented by developing a robust legal structure that enhances operational efficiency without infringing on growth potentials.
format Article
author Jan, Muhammad Tahir
author_facet Jan, Muhammad Tahir
author_sort Jan, Muhammad Tahir
title Will it survive? challenges faced by Islamic banking and finance in today’s world
title_short Will it survive? challenges faced by Islamic banking and finance in today’s world
title_full Will it survive? challenges faced by Islamic banking and finance in today’s world
title_fullStr Will it survive? challenges faced by Islamic banking and finance in today’s world
title_full_unstemmed Will it survive? challenges faced by Islamic banking and finance in today’s world
title_sort will it survive? challenges faced by islamic banking and finance in today’s world
publisher IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM).
publishDate 2018
url http://irep.iium.edu.my/56038/
http://irep.iium.edu.my/56038/
http://irep.iium.edu.my/56038/1/56038_Will%20It%20Survive.pdf
first_indexed 2023-09-18T21:19:04Z
last_indexed 2023-09-18T21:19:04Z
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