How social is Islamic banking?

Islamic Shari'a Concepts governing Islamic Banking finance

Introduction It is submitted that accepting Islamic Banking within the western regulatory framework has encountered many impediments. A conventional bank is an institution that holds a banking license issued by banks' regulatory authorities which authorizes the chartered institution to conduct fundamental banking services such as receiving deposits, making loans, providing and saving account se...

Islamic Social Banking Platform (Case of Resalat Islamic Bank)

In this paper, we examined an effective business model for the ecosystem of Islamic FinTech for Resalat Islamic Bank. The article discussed three phases of Resalat Bank development as a Platform in formulating social business models that require new value propositions, value constellations, and profit equations, and as such, resembles business model innovation. The result of the qualitative met...

The role of IS in islamic banking: a cultural perspective

This research is located in the topic area of culture and information systems. It is set in the finance industry against the backdrop of globalisation. The particular focus is on the influence of Islamic culture on the role and development of information systems in Islamic banking. The notion of role is treated as a rich description of the behaviour and responsibilities of information systems. ...

Determinants of Islamic Banking Profitability

The paper analyzes how bank characteristics and the overall financial environment affect the performance of Islamic banks. Utilizing bank level data, the study examines the performance indicators of Islamic banks’ worldwide during 1994-2001. A variety of internal and external banking characteristics were used to predict profitability and efficiency. In general, our analysis of determinants of I...

The Changing Dynamics of Islamic Banking