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All Journal International Journal of Management, Economic, Business and Accounting Journal Of Resource Management, Economics And Business (REMICS)
Erwan Iskandar
Institut Agama Islam Al-Azhaar Lubuk Linggau
Humanities Economics, Econometrics & Finance Social Sciences

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FUTURE ISLAMIC BANKING: A REVIEW Erwan Iskandar
Journal Of Resource Management, Economics And Business Vol. 1 No. 2 (2022): REMICS: Journal Of Resource Management, Economics And Business
Publisher : PT. Berkah Digital Teknologi

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1433.138 KB) | DOI: 10.58468/remics.v1i2.48

Abstract

Purpose: Aims to examine the current state and future prospects of the Islamic banking industry. The study provides a comprehensive overview of the theoretical foundations and practical applications of Islamic finance principles. The research also analyzes the challenges facing the industry and explores potential solutions for sustainable growth in the future. The goal of this study is to provide valuable insights for researchers, policymakers, and industry practitioners in the field of Islamic banking and finance. Research Methodology: literature review with quality journal sources and in-depth examination of the research topic. Results: Examine the current state and future prospects of the Islamic banking industry, provide a comprehensive overview of the theoretical foundations and practical applications of Islamic finance principles, analyze the challenges facing the industry, and explore potential solutions for sustainable growth in the future. The methodology used is a literature review with quality journal sources and in-depth examination of the research topic. The study's contribution includes providing an overview of the current state of the Islamic banking industry. Limitations: The study may have limitations including limited scope, potential availability issues with data and information, potential bias, limited interpretation of Islamic finance principles, and relevance to future developments. It is important to consider alternative perspectives and information sources when interpreting the findings and recommendations of the study. Contribution: Provides an overview of the current state of the Islamic banking industry: The study provides an overview of the current state of the Islamic banking industry, including its size, growth, and market share.
EXPLORING THE IMPACT OF ISLAMIC BANKING ON ECONOMIC GROWTH: A REVIEW STUDY OF CONVENTIONAL AND ISLAMIC BANKING SYSTEMS Erwan Iskandar
International Journal of Management, Economic, Business and Accounting Vol. 2 No. 1 (2023): International Journal of Management, Economic, Business and Accounting (IJMEBA)
Publisher : PT. Berkah Digital Teknologi

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Abstract

Purpose of the study — This study aims to fill this gap by conducting a comparative analysis of the impact of Islamic and conventional banking systems on economic growth.Research method— Literature review by examining the key principles and practices of Islamic banking, as well as the relevant theories and empirical evidence.Result— this research will shed light on the unique features of Islamic banking that contribute to its potential impact on economic growth. The results of this study will provide valuable insights for policymakers, economists, and practitioners, as well as for scholars who are interested in the field of Islamic finance.Conclusion— The study aimed to analyze the impact of Islamic and conventional banking systems on economic growth through a literature review. The results showed that Islamic banking has a positive impact on economic growth, especially in GCC countries and several East Asian countries. The relationship between GDP per capita and economic growth is weaker if Islamic banking is taken into account, and the relationship varies based on the legal origins of the country. The study found that the only significant factor of Islamic banking performance that influences economic growth is profit. This study provides valuable insights for policymakers, economists, and practitioners in the field of Islamic finance.
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