Insight into Prospects of Islamic Banking: from Past to Present

Kaspars Kļaviņš; Elias Abu Al-Haija

doi:10.1515/bjreecm-2016-0005

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Insight into Prospects of Islamic Banking: from Past to Present

Baltic Journal of Real Estate Economics and Construction Management

Volume 4 (2016): Issue 1 (November 2016)

By: Kaspars Kļaviņš and Elias Abu Al-Haija

Open Access

|Dec 2016

Abstract

Islamic banking is one of the alternative financial models of the modern world, which is currently gaining more and more international recognition and reliability both in the East and West. The article reveals separate historical aspects of the genesis of Islamic banking in order to better demonstrate the potential of this financial system now and in the future. The purpose of the research is to highlight the ability of Islamic banking to integrate into the western-dominated economy and society.

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Articles in this issue

DOI: https://doi.org/10.1515/bjreecm-2016-0005 | Journal eISSN: 2255-9671 | Journal ISSN: 2255-9604

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Language: English

Page range: 61 - 68

Published on: Dec 13, 2016

Published by: Riga Technical University

In partnership with: Paradigm Publishing Services

Publication frequency: 1 issue per year

Keywords:

Alternative,

financial crisis,

riba,

social security

Related subjects:

Architecture and design,

Landscape architecture,

Construction, materials,

Business and economics,

Environmental engineering,

Geosciences,

Geosciences, other

© 2016 Kaspars Kļaviņš, Elias Abu Al-Haija, published by Riga Technical University
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Volume 4 (2016): Issue 1 (November 2016)