Islamic banking: business model, issues and challenges
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The Islamic banking sector has ascended to be systematically important in several OIC countries particularly in Malaysia and the GCC. Globally, the sector has recorded a double digit growth rate far exceeding the growth rate of its conventional counterpart. Its sustained growth in the provision of financial services founded on Islamic principles even during crisis episodes, especially duting the recent global financial crisis, makes Islamic banking gain traction even in the non-Muslim world. Over recent years, it has made its presence in such countries as Switzerland, the UK, and the USA.
Islamic banking , Business model , Issues and challenges
Ibrahim, M. H. & Salim, K. (2017). Islamic banking: business model, issues and challenges. In Baharom Abdul Hamid, Mansor H. Ibrahim & Sazalina Kamarudin (Eds.), Islamic finance: the new normal (pp. 67-82). Kuala Lumpur, Malaysia: RAM Holdings Berhad.
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