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Investigation of Theoretical and Practical Barriers and Challenges over Islamic Banking System
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Keywords

Political parties
Qajar
Pahlavi
Reza Khan

How to Cite

Hoseini Alaei, M., & Kameli, M. (2018). Investigation of Theoretical and Practical Barriers and Challenges over Islamic Banking System. Revista Publicando, 5(15(2), 1094-1122. https://revistapublicando.org/revista/index.php/crv/article/view/1416

Abstract

Undoubtedly, enactment and implementation of the law of usury-free banking operations with a short interval of the victory of the Islamic Revolution and the elimination of usury from the banking system will be considered as a major achievement for law designers and banking authorities; it does not mean the end of the work and achieving to a perfect law but it needed to reform, studying and constant completion such as all human rules. Iranian banking system has been encountered to a variety of challenges in recent years. A variety and conflicting approaches have been considered to encounter with these challenges. Identifying and introducing the major challenges of the banking system, this study investigates on theoretical and practical challenges of Islamic banking by a new institutionalism view after review of previous studies in banking system challenges and using experiences in recent years.

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References

Akbaryan, Reza, 2007, Islamic Banking, Practical/Theoretical Challenges and Strategies, quarterly of Islamic Economics, seventh year, No. 26.

Aghili kermani, Parviz, 2002, "Risk Management in Traditional Banking in Comparison to Usury-free Banking", Tehran, Superior Banking Institute of Iran, the collection of articles at thirteenth session of the Islamic Banking Conference: Risk Management in Islamic Banking.

Mousavian, Seyyed Abbas, 2007, Criticism and Review of the Law on Usury-free Banking and Proposing Alternative Law, Qurterly of Islamic Economics, seventh year, No. 25.

Mojtahed, Seyyed Ahmad, 2009, Review of Policies and Monetary Instruments of the Central Bank, Monetary and Economic Quarterly, No. 1.

Mollakarimi, Fereshteh, Vahab, Ghilich, 2016, IRIB News Agency. http://www.iribnews.ir/fa/news/1181643

IRIB News Agency, 2016. http://www.iribnews.ir/fa/news/1271167

Sarker, Abdul Awwal, 2004, "Concept and ideology, Issues and problems of Islamic banking", International Journal of Islamic Financial Services. Vol.1. No. 3.

Sarker, Abdul Awwal, 2004, "Islamic banking in Bangladesh: Performance, problems& prospects", International Journal of Islamic Financial Services. Vol. 1 No.3.

Karbhari, Yusuf & Naser, Kamal & Shahin, Zerrin, 2004, "Problems and Challenges Facing the Islamic Banking System in the West: The Case of the UK", Thunderbird International Business Review, Vol. 46 (5).

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