Developing Strategies for Islamic Banks to Face the Future Challenges of Financial Globalization

Al Ajlouni, Ahmed (2004): Developing Strategies for Islamic Banks to Face the Future Challenges of Financial Globalization.

Abstract

Developing Strategies for Islamic Banks to Face the Future Challenges of Financial Globalization

Ahmed Al-Ajlouni

Abstract This study aims at forming strategic response to assess the ability of Islamic banks in benefiting from the opportunities that may be provided by financial globalization and limits its threats, through assessing the capability of Islamic banks to meet the requirements and challenges of financial globalization, then suggests the suitable strategies that may be adopted by Islamic banks to maximize and limit the expected opportunities and threats respectively

• Item Type: MPRA Paper
• Language: English
• Keywords: Islamic Financial Institutions, Islamic Banking, Financial Liberalization, financial globalization,
• Subjects: P - Economic Systems > P0 - General; Y - Miscellaneous Categories > Y4 - Dissertations (unclassified) > Y40 - Dissertations (unclassified); Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z12 - Religion; N - Economic History > N2 - Financial Markets and Institutions > N25 - Asia including Middle East; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages

References

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Published Articles

El-Gamal , M, , 1998, "Can Islamic Banking Survive ? : A Micro – evolutionary Perspective", Islamic Economic Studies, Vol. 5, no. 1,2 pp. 1-22 .

Errico, L and Farahbaksh, M, ,1998, “Islamic Banking : Issues in Prudential Regulations & Supervision” IMF working Paper WP/98/30, Washing, D.C : International Money Fund.

Hellmann, T and Murdock,K and.Stiglitz, J,2000,” Liberalization,Moral Hazard in Banking and Prudential Regulation:Are Capital Requirments Enough?”, American Economic Review,Vol 90 , Issue 1, Marsh. Kaminsky ,G and Shmukler,S ,2002 "Short-Run Pain ,Long-Run Gain : The Effects of Financial Liberalization", The world Bank working paper ,No : 2912, Washington, DC. Sundararjan, V and Errico, L, 2002, " Islamic Financial Institutions and Products in the Global Financial System : Key Issues in Risk Management and Challenges A head", IMF working paper WP/01/192Washington, D.C : International Money Fund.

Unpublished Articles

Ali, A, 2002, " The State and Future of Islamic Banking on the World Economic Scene".Luncheon co – hosted by the Arab Bankers Association of North America and the Middle East Institute. Washington D.C.,. PP12-13.

El–Issa, N,2002," Globalization of Financial Markets:Its Development, Indicators and Effects". Dept. of Banking and Finance. College of Economics and Administrative Sciences. Amman University Amman, Jordan