Islamic banking: features of functioning

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Doklady Bashkirskogo Universiteta. 2017. Volume 2. No. 5. pp. 771-775.

Authors

Ishemgulov I. N.*
Bashkir State University
32 Zaki Validi Street, 450074 Ufa, Republic of Bashkortostan, Russia

Abstract

A theoretical description of the differences between the Islamic and traditional banking sector. The advantages of Islamic banking are explored.

Keywords

  • banking
  • bank
  • traditional banking
  • Islamic financial system
  • financial instruments
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