<abstract xmlns="http://www.w3.org/1999/xhtml"><p> 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.</p></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.

Insight into Prospects of Islamic Banking: from Past to Present

Baltic Journal of Real Estate Economics and Construction Management

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Insight into Prospects of Islamic Banking: from Past to Present"}

Islamic banking is one of the alternative financial models of the modern world, which is currently gaining more and more international recognition and...

Insight into Prospects of Islamic Banking: from Past to Present

Published Online: Dec 13, 2016

Page range: 61 - 68

DOI: https://doi.org/10.1515/bjreecm-2016-0005

Keywords
Alternative, financial crisis, riba, social security

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Insight into Prospects of Islamic Banking: from Past to Present

Published Online: Dec 13, 2016

Page range: 61 - 68

DOI: https://doi.org/10.1515/bjreecm-2016-0005

KeywordsAlternative, financial crisis, riba, social security

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
Alternative, financial crisis, riba, social security