ISLAMIC BANKING IN KUWAIT : THEORIES, PRACTICES AND INSIGHTS

Hertina, Dede

ISLAMIC BANKING IN KUWAIT : THEORIES, PRACTICES AND INSIGHTS

dc.contributor.author	Hertina, Dede
dc.date.accessioned	2017-01-21T03:19:40Z
dc.date.accessioned	2019-10-21T11:52:30Z
dc.date.available	2017-01-21T03:19:40Z
dc.date.available	2019-10-21T11:52:30Z
dc.date.issued	2016-08-10
dc.description.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.	en_US
dc.identifier.isbn	978-602-74942-0-6
dc.identifier.uri	http://repository.widyatama.ac.id/handle/123456789/7828
dc.language.iso	en	en_US
dc.publisher	International Conference on Islamic Economics Management Accounting Business and Social Sciences (ICIEMABS)I, Fakultas Ekonomi dan Bisnis Universitas Padjajaran, STIE Ibnu Sina, APTISI	en_US
dc.relation.ispartofseries	;KII.FD.019
dc.subject	Islamic Banking	en_US
dc.subject	liquidity risk	en_US
dc.subject	solvency risk	en_US
dc.title	ISLAMIC BANKING IN KUWAIT : THEORIES, PRACTICES AND INSIGHTS	en_US
dc.type	Presentation	en_US