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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| Format: | Article |
| Language: | English |
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IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM).
2018
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| Online Access: | http://irep.iium.edu.my/56038/ http://irep.iium.edu.my/56038/1/56038_Will%20It%20Survive.pdf |
| _version_ | 1848784671552307200 |
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| author | Jan, Muhammad Tahir |
| author_facet | Jan, Muhammad Tahir |
| author_sort | Jan, Muhammad Tahir |
| building | IIUM Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-14T16:40:57Z |
| format | Article |
| id | iium-56038 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:40:57Z |
| publishDate | 2018 |
| publisher | IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM). |
| recordtype | eprints |
| repository_type | Digital Repository |
| 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 |
| 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 |
| title | 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_short | 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 |
| topic | HB126.4 Islamic Economics HG3368 Islamic Banking and Finance |
| 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 |