ISLAMIC BANKING IN KUWAIT : THEORIES, PRACTICES AND INSIGHTS

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ISLAMIC BANKING IN KUWAIT : THEORIES, PRACTICES AND INSIGHTS

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Title: ISLAMIC BANKING IN KUWAIT : THEORIES, PRACTICES AND INSIGHTS
Author: Hertina, Dede
Abstract: The broad aim of this paper is to introduce knowledge of Islamic banking theories and practices to banking financeand practitioners in Kuwait, as well as draw some useful insights on Islamic banking in Kuwait. Prohibition of interest, low consumer lending, profit and loss sharing and high real sector investing are primary characteristics of Islamic banks. Islamic banks operate the three conventional deposit accounts. They also engage in investment financing, trade financing, lending, and other financial services. Differences between Islamic and conventional banks lie in prohibition of interest, emphasis on Islamic principles of morality, emphasis on collateral, certainty of deposits and returns, liquidity risk and solvency risk; while similarities between Islamic and conventional banks lie in profit-making objective and nature of banking services. Though there is a dearth of Islamic banks in Kuwait, Islamic banking has become a fast growing concept. The emergence of full-fledged Islamic banks in Kuwait should be expected in the near future.
URI: http://repository.widyatama.ac.id/xmlui/handle/123456789/7828
Date: 2016-08-10


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COVER.pdf 990.1Kb PDF View/Open
DETAIL.pdf 169.8Kb PDF View/Open
PREFACE.pdf 115.0Kb PDF View/Open
REMARKS.pdf 179.7Kb PDF View/Open
CONTENT DEDE HERTINA.pdf 599.8Kb PDF View/Open

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