Issues in Transformation from Conventional Banking to Islamic Banking

Cilt: 6 Sayı: 3 1 Mayıs 2016
  • Muhammad Usman Arshad
  • Mohammed Effandi Yusoff
  • Muhammad Sohail Tahir
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Issues in Transformation from Conventional Banking to Islamic Banking

Abstract

The present era has witnessed intensive changes in last few decades. The transformation of conventional financial system to Islamic financial system is one of these drastic changes the world has faced. Islamic banking is the major constituent of the Islamic finance. In line with these transformations, Islamic banks and financial institutions are facing several problems due to non-existence of comprehensive framework. However, some prominent issues are convergence issues, stability and regulatory issues, existence of different schools of thought and sensitivity towards role of religion in commercial and financial sector. A careful analysis of these issues can lead to sort out the solutions. The approach to overcome these challenges will determine the future success or failure of the industry. Therefore, this study shed a light on some major challenges that can hinder the progress and benefits of Islamic finance promises.

Keywords

Ayrıntılar

Birincil Dil

İngilizce

Konular

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Bölüm

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Yazarlar

Muhammad Usman Arshad Bu kişi benim

Mohammed Effandi Yusoff Bu kişi benim

Muhammad Sohail Tahir Bu kişi benim

Yayımlanma Tarihi

1 Mayıs 2016

Gönderilme Tarihi

1 Mayıs 2016

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2016 Cilt: 6 Sayı: 3

Kaynak Göster

APA
Arshad, M. U., Yusoff, M. E., & Tahir, M. S. (2016). Issues in Transformation from Conventional Banking to Islamic Banking. International Journal of Economics and Financial Issues, 6(3), 220-224. https://izlik.org/JA65CC28MK
AMA
1.Arshad MU, Yusoff ME, Tahir MS. Issues in Transformation from Conventional Banking to Islamic Banking. IJEFI. 2016;6(3):220-224. https://izlik.org/JA65CC28MK
Chicago
Arshad, Muhammad Usman, Mohammed Effandi Yusoff, ve Muhammad Sohail Tahir. 2016. “Issues in Transformation from Conventional Banking to Islamic Banking”. International Journal of Economics and Financial Issues 6 (3): 220-24. https://izlik.org/JA65CC28MK.
EndNote
Arshad MU, Yusoff ME, Tahir MS (01 Mayıs 2016) Issues in Transformation from Conventional Banking to Islamic Banking. International Journal of Economics and Financial Issues 6 3 220–224.
IEEE
[1]M. U. Arshad, M. E. Yusoff, ve M. S. Tahir, “Issues in Transformation from Conventional Banking to Islamic Banking”, IJEFI, c. 6, sy 3, ss. 220–224, May. 2016, [çevrimiçi]. Erişim adresi: https://izlik.org/JA65CC28MK
ISNAD
Arshad, Muhammad Usman - Yusoff, Mohammed Effandi - Tahir, Muhammad Sohail. “Issues in Transformation from Conventional Banking to Islamic Banking”. International Journal of Economics and Financial Issues 6/3 (01 Mayıs 2016): 220-224. https://izlik.org/JA65CC28MK.
JAMA
1.Arshad MU, Yusoff ME, Tahir MS. Issues in Transformation from Conventional Banking to Islamic Banking. IJEFI. 2016;6:220–224.
MLA
Arshad, Muhammad Usman, vd. “Issues in Transformation from Conventional Banking to Islamic Banking”. International Journal of Economics and Financial Issues, c. 6, sy 3, Mayıs 2016, ss. 220-4, https://izlik.org/JA65CC28MK.
Vancouver
1.Muhammad Usman Arshad, Mohammed Effandi Yusoff, Muhammad Sohail Tahir. Issues in Transformation from Conventional Banking to Islamic Banking. IJEFI [Internet]. 01 Mayıs 2016;6(3):220-4. Erişim adresi: https://izlik.org/JA65CC28MK