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Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip pdf

Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip Molyneux pdf free download

Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip Molyneux pdf free download. Thirty years ago Islamic banking was considered wishful thinking. However, serious research work over recent decades has shown that Islamic banking is not only feasible and viable, it is an efficient and productive way of financial intermediation. The industry that started on a modest scale in the early 1970s has shown tremendous growth over the last 30 years.

Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip Molyneux pdf free download

It is one of the fastest growing industries, having posted double-digit annual growth rates for almost 30 years. What started as a small rural banking experiment in the remote villages of Egypt has now reached a level where many mega-international banks are offering Islamic banking products. The practice of Islamic banking has now spread to all corners of the globe. The size of the industry that
amounted to a few hundred thousands of dollars in 1975 had reached hundreds of billions of dollars by 2004. While it is the preferred way of banking for one-fifth of humanity, it offers a wider choice of financial products to all.

Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip Molyneux pdf free download

A complete Islamic financial system is still in its early stages of development, but various elements of the system and institutions
are fast coming into existence. These include full Islamic commercial and investment banks, Islamic banking windows in conventional banks (including some prominent international ones), Islamic investment funds, Islamic insurance companies, infrastructure support institutions, and research and development institutions. This text aims to provide an objective and professional assessment of Islamic banking over this period.

Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip Molyneux pdf free download

It explains what Islamic banking is, how it differs from conventional banking as a model of financial intermediation, and why it started and where it is going. Who are the main players at present and who will it attract in future? What are its strengths and weaknesses? How does it compare with conventional banking in performance? Are Islamic banks efficient? Will they be able to compete in globalized financial markets? What are their prospects and potential? These and similar issues are studied using both theoretical and empirical tools.

Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip Molyneux pdf free download

We hope that this text provides an extensive coverage of the industry throughout its history. In this sense, it is expected to be the most comprehensive text ever written on Islamic banking. We have tried to provide the most authentic information ourselves or guide the reader to other relevant sources of information. In order to help non-Arabic speaking readers, a glossary of Arabic terms has also been provided.

Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip Molyneux pdf free download

Thirty Years of Islamic Banking History, Performance and Prospects by Munawar Iqbal and Philip Molyneux pdf


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