hkr.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Islamic Banking - An Alternative System
Kristianstad University College, Department of Business Administration.
Kristianstad University College, Department of Business Administration.
2005 (English)Independent thesis Basic level (degree of Bachelor)Student thesis
Abstract [en]

Islamic banking is an investment and financing system which expands globally. The Islamic banks have only been established for some 30 years but the banking system is based on long-going traditions within Islamic finance. The system is founded on ethical values and emphasises the well-being of society as a whole.

Islamic banking is different from conventional banking in most aspects, since its close tie to religion is very important. The system is not based on interest, as it is prohibited in Islam. Instead Islamic banks offer various kinds of accounts and a range of financing alternatives all complying with the Islamic Law – Shari’a. To work according to Shari’a is crucial for the banks and their activities are controlled by a special Religious Supervisory Board working within the bank.

The implementation of the Islamic banking system varies to some extent between Islamic countries. It has been influenced by its connections to politics of and the history in the countries where the system operates. As a result to the variations between the states’ implementation, the need for harmonisation increases as the expansion of Islamic banks continues. Several organisations work to achieve international standardisation and harmony to make the banking activities more transparent and attractive. The achievement of harmonisation as well as the performance of the banks is crucial for the future of Islamic banking.

The dissertation is based on extensive literature review and a personal interview with a professional within an Islamic bank in Lebanon.

Place, publisher, year, edition, pages
2005.
National Category
Law
Identifiers
URN: urn:nbn:se:hkr:diva-3145Local ID: oai:eprints.bibl.hkr.se.oai2:223OAI: oai:DiVA.org:hkr-3145DiVA: diva2:229587
Uppsok
Social and Behavioural Science, Law
Available from: 2005-01-01 Created: 2005-01-01 Last updated: 2005-01-31

Open Access in DiVA

fulltext(453 kB)4272 downloads
File information
File name FULLTEXT01.pdfFile size 453 kBChecksum SHA-512
78b70e29cfa0a61c791faf3b0610c5a666a82d3ad2b6ed18eef28e35a2a8528c8931b9dc1fe5dee0a7ba13feecee8f905c3324b64c5c72d446c885581be436e7
Type fulltextMimetype application/pdf

By organisation
Department of Business Administration
Law

Search outside of DiVA

GoogleGoogle Scholar
Total: 4272 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 2252 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf