Difference between Islamic Banks and Conventional Banks The conventional financial system focuses primarily on the economic and financial aspects of transactions‚ the Islamic system places equal emphasis on the ethical‚ moral‚ social‚ and religious dimensions‚ to enhance equality and fairness for the good of society as a whole. The system can be fully appreciated only in the context of Islam’s teachings on the work ethic‚ wealth distribution‚ social and economic justice‚ and the role
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find out which banking system‚(Islamic or conventional) performed better overall.11 different ratios were used and they were grouped into 4 different categories which are Profitability‚Liquidity‚Risk and solvency‚and Efficiency. 5 banks from Islamic will be compared with another 5 banks from conventional banking for a period of 5 years that is from years 2006 to 2010. To see whether there is a difference in the performance of the two banking systems which are Islamic and conventional banks in Malaysia
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[Supervisor Name] [Subject] [Date] Comparison between Islamic Banking and Conventional Banking Introduction As far as commercial banking is referred‚ there are two main differences from the traditional approaches (conventional or Islamic)‚ and these are very significant evolutions. One is that this method believes commercial banks as serving providers‚ rather of like “money lenders” (conventional) or “investing-collaborators” (Islamic). Interest-free banking is inferred as a sub-model; the
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www.sciencerecord.com Science Series Data Report Vol. 4‚ No. 1; Jan 2012 AN EMPIRICAL STUDY OF RELATIVE EFFICIENCY USING FRONTIER ANALYSIS APPROACH – A CASE OF ISLAMIC BANKS Khizer Ali (Corresponding author) Hailey College of Commerce‚ University of the Punjab‚ Lahore‚ Pakistan Tel: +923458800015 Email: vjkhizer@yahoo.com Muhammad Farhan Akhtar Hailey College of Commerce‚ University of the Punjab‚ Lahore‚ Pakistan Tel: +923464666786Email: vjfarhan@yahoo.com Shama Sadaqat Hailey
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Chapter 1 INTRODUCTION 1.1 Background The Islamic banking industry today stands at more than 200 billion USD‚ and consists of more than 250 financial institutions in and outside the Muslim world.[1] It is the product of the collective effort of bankers‚ economists‚ and Islamic legal scholars over the past several decades to develop financial solutions that meet the religious requirements of Muslims. Malaysia • Saudi Arabia • UAE • UK Furthermore‚ it is an inclusive paradigm: non-Muslim
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Principles and Practices of Investment Modes of Islamic Banking | | Abstract: The objective of the study is to gather practical knowledge regarding general banking system‚ investment and foreign exchange system and its operation. By pictorial description it is tried to find out the variation from various departments‚ particularly investment. Other objectives of the report are to identify the various types of existing services rendered by the SIBL. understand the prevailing mechanism of modes of
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Product Differentiation between Islamic Banking and Conventional Banking Submitted to: Quazi Sagota Samina Senior Lecturer‚ Department of Business Administration. East West University‚ Dhaka. Submitted by: Name ID Arafat Rauf 2009-2-10-345 FIN 380 Section: 2 Group: 10 Fall: 2011 Date of Submission: 23rd October 2011 Table of Content Executive Summary 3 Objective of the Study 3 Limitation of the Study 3 Analysis 4 Bibliography 12 Executive Summary Islamic banking refers to a system of
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usman11406@gmail.com Topic: ISLAMIC MODES OF FINANCEING REDUCE THE INFLATION IN PAKISTAN Abstract: Islamic modes of financing plays very important role to reduce inflation in Pakistan. In this research our focus on the reduce in inflation‚ Islamic modes of financing as one of the most important tools in reducing inflation in Pakistan. In this research proposal I verify how Islamic Modes (Masharka‚ Mudaraba‚ and Murhabah) and assets reduce the inflation in Pakistan. Key term: Islamic modes of financing
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report title“ A Comparative Study between Conventional and Islamic Banking with reference to General Banking Operations of Islamic Banking System: A Case Study on AB Bank Ltd (Islami Banking Branch) ” is based on the study done in the internship period in AB Bank Ltd‚ Islamic Banking Branch. It contains a concrete idea about the General Banking Operations from Islamic General Banking perspective with a comparative picture of between Islamic and Conventional Banking which topic is assigned by my supervisor
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Content Introduction 1 How Islamic banking system is different from conventional one? 1 Maintenance of CRR/SLR: 4 Project appraisal and evaluation: 4 Basis for collection of deposit 5 Moral Dimension 5 Emphasis on Productivity as compared to credit worthiness 5 Scope of the activities: 6 Guarantee for deposit: 6 Distributive justice and economic stability: 7 Allocate Efficiency: 7 Stability of banking system: 8 Growth of the banking
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