Economic Analysis Of Islamic Banking In Pakistan

Islamic banking has achieved substantial growth in Pakistan and all over the world in the last two decades or so. Despite the financial and economic crisis of 2007-2010, the Islamic banking industry has witnessed exemplary and uninterrupted growth. In Pakistan, it has achieved market share of almost...

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Main Author: Salman Ahmed Shaikh
Format: Article
Language:English
Published: Universiti Sains Islam Malaysia 2015
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Online Access:http://ddms.usim.edu.my/handle/123456789/9062
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spelling my.usim-90622015-08-13T07:15:26Z Economic Analysis Of Islamic Banking In Pakistan Salman Ahmed Shaikh Islamic banking Islamic finance Financial institutions Consumer financing Islamic banking has achieved substantial growth in Pakistan and all over the world in the last two decades or so. Despite the financial and economic crisis of 2007-2010, the Islamic banking industry has witnessed exemplary and uninterrupted growth. In Pakistan, it has achieved market share of almost nine percent in the banking industry. There is vast literature available on explaining the features and mechanics of Islamic banking; however, limited attention has been paid on the thorough analysis of Islamic banking architecture from finance, economics, and development point of view. Though, there exists substantial body of literature explaining the negative effects of interest based institutions in Capitalism. But, little has been written on conducting a meaningful and objective economic analysis of Islamic banking practices. This paper attempts to touch upon an overlooked area which is a thorough and objective analysis of Islamic banking with its economic merits and shortcomings. 2015-08-13T07:15:26Z 2015-08-13T07:15:26Z 2013 Article 1823075X http://ddms.usim.edu.my/handle/123456789/9062 en JMIFR-Vol.10, No.1, 2013; Universiti Sains Islam Malaysia
institution Universiti Sains Islam Malaysia
building USIM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universit Sains Islam i Malaysia
content_source USIM Institutional Repository
url_provider http://ddms.usim.edu.my/
language English
topic Islamic banking
Islamic finance
Financial institutions
Consumer financing
spellingShingle Islamic banking
Islamic finance
Financial institutions
Consumer financing
Salman Ahmed Shaikh
Economic Analysis Of Islamic Banking In Pakistan
description Islamic banking has achieved substantial growth in Pakistan and all over the world in the last two decades or so. Despite the financial and economic crisis of 2007-2010, the Islamic banking industry has witnessed exemplary and uninterrupted growth. In Pakistan, it has achieved market share of almost nine percent in the banking industry. There is vast literature available on explaining the features and mechanics of Islamic banking; however, limited attention has been paid on the thorough analysis of Islamic banking architecture from finance, economics, and development point of view. Though, there exists substantial body of literature explaining the negative effects of interest based institutions in Capitalism. But, little has been written on conducting a meaningful and objective economic analysis of Islamic banking practices. This paper attempts to touch upon an overlooked area which is a thorough and objective analysis of Islamic banking with its economic merits and shortcomings.
format Article
author Salman Ahmed Shaikh
author_facet Salman Ahmed Shaikh
author_sort Salman Ahmed Shaikh
title Economic Analysis Of Islamic Banking In Pakistan
title_short Economic Analysis Of Islamic Banking In Pakistan
title_full Economic Analysis Of Islamic Banking In Pakistan
title_fullStr Economic Analysis Of Islamic Banking In Pakistan
title_full_unstemmed Economic Analysis Of Islamic Banking In Pakistan
title_sort economic analysis of islamic banking in pakistan
publisher Universiti Sains Islam Malaysia
publishDate 2015
url http://ddms.usim.edu.my/handle/123456789/9062
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score 13.222552