1988UnisiaOpen access

Islamic Banking and Financial Development

M. Akhtar Tahir

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Abstract

Islamic banking is a departure from tra ditional banking and represents a change in financial development of the country in which it is practised.This corresponds with theaccepted definition of financial dievelopment as relating, inter alia, to "...changes in financial-

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Islamic banking is a departure from tra ditional banking and represents a change in financial development of the country in which it is practised.This corresponds with theaccepted definition of financial dievelopment as relating, inter alia, to "...changes in financial-

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Islamic banking is a departure from tra ditional banking and represents a change in financial development of the country in which it is practised.This corresponds with theaccepted definition of financial dievelopment as relating, inter alia, to "...changes in financial-

Key concepts: Islamic banking, Islam, Business, Financial system, Philosophy, Theology

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