Serpil Altinirmak, C. Sahin, Çağlar Karamaşa, B. Okoth
{"title":"Participative Banking in Turkey","authors":"Serpil Altinirmak, C. Sahin, Çağlar Karamaşa, B. Okoth","doi":"10.4018/978-1-7998-1611-9.ch008","DOIUrl":"https://doi.org/10.4018/978-1-7998-1611-9.ch008","url":null,"abstract":"Islamic banks were established as private financial institutions in Turkey based on a law enacted in 1983. Private financial institutions succeeded to have equal rights with commercial banks subject to banking law in 2001. The name of private financial institutions was changed to participation banks in 2005 because of being insufficient in terms of Islamic banking transactions. This chapter includes a performance analysis of participation banks listed in Turkey by considering the efficiency and profitability ratios within the period of 2007-2016 using interval-valued pythagorean fuzzy AHP based fuzzy TOPSIS. Three participation banks, Albaraka Türk, Türkiye Finans, and Kuveyt Turk, were examined for the mentioned period.","PeriodicalId":144636,"journal":{"name":"Growth and Emerging Prospects of International Islamic Banking","volume":"159 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125242622","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Islamic Banking in Pakistan","authors":"M. B. Zafar, A. A. Sulaiman","doi":"10.4018/978-1-7998-1611-9.ch004","DOIUrl":"https://doi.org/10.4018/978-1-7998-1611-9.ch004","url":null,"abstract":"Since 1960, after a trial of almost 40 years, the reformation of economy of Pakistan from conventional to Islamic could not be achieved. Since 2000, the government changed the strategy to gradually Islamize the economy and adopted a dual system. In this ambit, the State Bank of Pakistan deliberately announced the vision to make the Islamic banking as first choice for users of banking in Pakistan. This chapter bring insights on the background, current state, issues, challenges, and avenues of future policy regarding Islamic banking of Pakistan. The empirical data about Islamic Banking has been collected from the State Bank of Pakistan for the period 2003-2018. This is to evaluate the current state in terms of market performance, modes of Islamic financing, and financing portfolios of Islamic banking. The findings of this chapter show there is a substantial lack of interest by the government to develop the Islamic banking, and Islamic banking is also deviating from its social and ethical proclaims.","PeriodicalId":144636,"journal":{"name":"Growth and Emerging Prospects of International Islamic Banking","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129316956","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Islamic Banking in Indonesia","authors":"M. Hamidi, A. Worthington","doi":"10.1142/9789812569394_0010","DOIUrl":"https://doi.org/10.1142/9789812569394_0010","url":null,"abstract":"The Indonesian banking sector has been stable and generally sound over the past decade, partly through efforts by the Bank of Indonesia as Indonesia's central bank and Otoritas Jasa Keuangan as its financial services regulator. This chapter identifies important issues that remain for both conventional and Islamic banking in Indonesia. Authors suggest the government continue its efforts to reform what remains a geographically concentrated industry, to increase the role of bank credit in the economy, and to widen the provision of banking services through technology. Authors highlight the vulnerability of smaller banks in Indonesia to ongoing competitive market pressures and the necessity of creating larger banks through merger or capital raising and improving credit allocation to small and medium-sized businesses. Islamic banking has an important role to play in these developments, and those relating to Islamic social banking.","PeriodicalId":144636,"journal":{"name":"Growth and Emerging Prospects of International Islamic Banking","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121439214","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Islamic Banking in North Africa","authors":"Yomna Daoud, A. Kammoun","doi":"10.4018/978-1-7998-1611-9.ch005","DOIUrl":"https://doi.org/10.4018/978-1-7998-1611-9.ch005","url":null,"abstract":"Investors from North Africa are interested in financial products with ethical focus and specific risk profile and are in accordance with their religious convictions. This chapter reviews the status of Islamic banking (IB) in North Africa in which the governments have started introducing fundamental legal and regulatory frameworks to promote the development of Islamic finance. The study also discusses the prospect of Islamic banking in these jurisdictions. To fulfill the objectives of the proposed study, a qualitative research was performed. The empirical approach of this study analyzed the financial position of different banks in North African countries. Overall, Islamic finance can be an ideal opportunity for financing infrastructure and development projects in North Africa.","PeriodicalId":144636,"journal":{"name":"Growth and Emerging Prospects of International Islamic Banking","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127726009","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}