Comparative Analysis of Islamic Banking and Conventional Banking

* Español * العربية * Português * 日本語 * Deutsch Assignment Set- 1 Master of Business Administration-MBA Semester 1MB0038 –

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COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE OF PUBLIC AND PRIVATE BANKS [IN THE CASE OF SELECTED PRIVATE AND PUBLIC BANKS]

the First International Conference on Islamic Banking, held in Dubai in 1979, it has not been widely implemented throughout Islamic financial system (Bendjilali and Khan,1995, p. 16). It is a relatively new and very little used product available for Islamic banks. The paper claims that MMQ is more in line with Shari’ah teachings and as such should be used more by Islamic financial institutions. The study indicates that MMQ possibly has a comparative advantage for both financiers and the customer when compared with

Malaysian financial system has started since before its independence in 1957, however, in those times, foreign banks were the only financial institution operating in the country. In contrast, domestic banks1 waited until 1959 to start with the implementation of the Central Bank of Malaysia (Matthews and Ismail 2006).

11 Sheikh, N. A. and Karim, S., “Determinants of profitability of Islamic commercial banks: Evidence from Pakistan”, Pakistan Journal of Islamic Research, Vol. 17

Missionary effort or approach is applicable to invite the public either Muslims or non-Muslims are implemented through various methods. Nowadays, it can be seen that the Islamic banking industry can be used as a medium to communicate and spread propaganda. Through this medium, it will demonstrate the power and advantages of Islamic banking system compared to conventional systems. This can also be seen in the Islamic banking system is not only widely accepted by the Muslim community even non-Muslim communities are also using this system.

This is a secondary research based on secondary data sourced from Government database such as RBI Database and World Bank database.

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BEING A RESEARCH PROJECT SUBMITTED TO THE DEPARTMENT OF ACCOUNTING, FACULTY OF MANAGEMENT SCIENCES, UNIVERSITY OF ABUJA, ABUJA, NIGERIA

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In the partial fulfillment of the requirement of Master of Business Administration (M.B.A.) Program (2002-2004) Hemchandracharya North Gujarat University, Patan.