The Development Flow of Islamic Finance Have Challenges

Authors

  • Nawal Altawati School of Business Innovation and Technopreneurship , University Malaysia Perlis , 0060 Malaysia
  • Asma Fhema Libyan Academy Janzore, Tripoli Libya, 00218Libya

Keywords:

Islamic Finance.

Abstract

Islamic finance becomes a global environment for a business competition for all Muslims and non-Muslims country this paper will define Islamic finance and find out the most importing challenges will face the new adopter by divided it to four section introductions, literature review divided into three sections. Section one highlights Islamic Finance Development. Section tow outlines the Islamic Financial System. Section three outlines major Norms of Islamic Finance. Section four discusses Islamic Finance Opportunities then the finding will show the mine factor and challenges and finally the conclusion.

References

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Holy Qur'an

Riyad AL-Salehin. Imam Mohieddin Bin Scharf Al- Naowi Damascus.

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Books:

Lee, M & Detta, I Islamic Banking & Finance Law, (2007), Pearson Malaysia SDN.BHD.

Zamir Iqbal, John Wile & Sons and Mirakhor, AN Introduction To Islamic Finance: Theory and Practice (2007)

Others:

CONVERGENCE: New Directions In Islamic Finance? The Arab Financial Forum (AFF). www.divinity.cam.ac.uk/cip/documents/Report

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Published

2019-02-21

How to Cite

Altawati, N., & Fhema, A. (2019). The Development Flow of Islamic Finance Have Challenges. International Journal of Sciences: Basic and Applied Research (IJSBAR), 44(1), 51–62. Retrieved from https://gssrr.org/index.php/JournalOfBasicAndApplied/article/view/9787

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