Purpose: The purpose of this paper is to find out the importance of the tag “Islamic” in the title of banks. This will help to determine the future strategy of Islamic banks, while expanding to the countries where Islamic banking is seen as a religious banking and not an as an alternative...

Islamic banking is gradually emerging everywhere in the world. Half a century ago, Islamic banking was just a concept contained in books only, but today it is a success story not only in Muslim countries of Middle East but even in the UK and the USA. As customer satisfaction is the compulsory...

Islamic finance has faced a two-fold criticism from scholars; viz. constructive criticism and destructive criticism. Majority of the scholars criticize it with the intention to improve its overall development, but some scholars are more negative in their criticism. This paper proposes that...

Educational programmes related to IBF (Islamic Banking and Finance) are necessary to be introduced in universities in order to produce experts and professionals for this sector. Saudi Arabia has played an important role in its development and same path is now being followed by the United...

Islamic Banking in Saudi Arabia is emerging because of the social implications prevailing in this banking system. Saudi Arabia has both conventional and Islamic banks, but many banks have shifted from conventional to Islamic in the last few years. The present study was conducted to analyze the...

Islamic finance has made a tremendous progress due to the technological revolution. Islamic finance which was only a concept till few years ago is now emerging a separate discipline and many departments are established in top universities in the world. Based on the growth and demand of Islamic...

Financing is an important component in any project. Without finance, it is impossible to run any project as it is considered the lifeblood of the business. But due to the presence of predetermined rate of interest, economists have provided alternative approach for financing the project. In this...