Current performance of Islamic bank around the world - Dissertation Example

Only on StudentShare

Extract of sample
Current performance of Islamic bank around the world

However, some countries such as Indonesia, Bangladesh, Egypt, Malaysia and Jordan are offering the services of Islamic banking through traditional banking services. In some countries like Pakistan, there are banks that are operating in accordance with the Islamic laws and at the same time there are some banks that are practicing conventional banking and at the same time some of their branches are offering Islamic banking services. Not only there has been an increasing trend of Muslim majority countries practicing Islamic banking products but certain Western countries including United Kingdom, United States and Australia have been also observing an increasing trend in regard to the Islamic banking.
Although the industry of Islamic banking is still growing and an emerging industry, but in different parts of the world this industry has been achieving very high profits unlike United Kingdom. However in countries like Pakistan, Bangladesh, Bahrain this industry has been growing. In Pakistan, Islamic banks have reported a profit of 5.7 PKR which is approximately 59% of the total market share in the year 2011 (The News, 2012).). In Bahrain, Islamic banking industry is also one of the fasted growing industries of the countries and still there are several opportunities in the countries (Laxman, 2011). ...Show more

Summary

Islamic financial institutions including Islamic banks have been growing in different parts of the world including countries like Iran, Sudan and several others and all these countries are practicing Islamic banking using Islamic laws…
Author : parisiandallas
Save Your Time for More Important Things
Let us write or edit the dissertation on your topic
"Current performance of Islamic bank around the world"
with a personal 20% discount.
Grab the best paper

Related Essays

Islamic banking in the GCC in the Next ten Years
This bank was brought into existence by Ahmed El Najjar’s pioneering efforts. The fundamental principal according to which this bank worked was profit sharing on the basis of Shariah’s non-interest based philosophy. It took only 13 years till 1976 for nine more banks like this to open in Egypt.
20 pages (5000 words) Essay
Exploring the opportunities and challenges of developing Islamic Financial Services in Seychelles
Kettell (2011) further elaborates the concept of Shariah as the path not only leading to Allah (the Arabic word for God) but the path believed and followed by all Muslims to be the path directed and shown by Allah through His Messenger, the Last Prophet Muhammad (Peace be Upon Him) (p.13).
40 pages (10000 words) Literature review
Abu Dhabi Islamic Bank and First Gulf Bank
Abu Dhabi Islamic Bank and First Gulf Bank The abundance of oil can be regarded as a blessing for the United Arab Emirates (UAE) and which has also emancipated the banking sector of the country and led to the fast growth in the last few years. The prosperous time in UAE can be owed to the high credit and deposit growth backed by low interest rate environment along with high oil prices as well as a flourishing economy.
12 pages (3000 words) Research Paper
Islamic Banking Operations and Instruments
This means that banking operations, as all business activities, can be related to the local culture, even if such perspective cannot be fully understood in the context of modern markets. The above view is verified through the following fact: Banks and financial institutions based on Islamic law have been already well established globally even this phenomenon would not be expected in the past.
30 pages (7500 words) Research Paper
Islamic Banking
In order to provide the mentioned topics above, different studies and empirical evidence have been provided in the report. Islamic Banking a) Before proceeding with the origins of Islamic Banking, it is necessary to be familiar with the definition of Islamic Banking.
6 pages (1500 words) Essay
Islamic Banks and Profitability: An EmpericalAnalysis based on Indonesia ( LITERATURE REVIEW)
For this purpose, the discussion is based on the underpinning of Indonesia and its economy, bank regulation in Indonesia, banking industry, and financial crisis in a critical manner. This will help in dealing with the research issue in a significant way. Indonesia: History In the early 60s, the economy of Indonesia deteriorated drastically as a result of huge political instability embedded with a young and inexperienced government and economic nationalism that marked severe poverty and hunger.
21 pages (5250 words) Literature review
Central bank independence and economic performance
Central banks conducts monetary policy through regulating money supply and interest rates. The main objectives of the monetary policies of the central bank are to keep inflation under control and unemployment rate low with a view to stimulate economic growth. The autonomy of central banks insulates their operations from political intervention.
6 pages (1500 words) Assignment
AT&T Company background.
The company came to the existence during the telephone inventions by the Bell Telephone Company, making it the first telephone organization in the United States. It remained as
1 pages (250 words) Research Paper
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT