The Islamic banking system is expected to face strong competition not only from the Islamic banks but also from well-established conventional banks offering Islamic products and services. In this study, we focus on the 'Islamic Bank of Britain' the only indigenous bank of its kind in UK. The...

Mortgage is considered a major determinant factor not only to the UK, but western economies as well. Therefore, we thought it fit to conduct an empirical study on Islamic mortgage in UK. In this paper we attempt to study and elaborate principles behind overall Islamic banking system whereas the...