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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Technology in Islamic banking

Posted on 14 June 2012

Western banks operating in the Islamic banking market need to understand the cultural differences to implement technology sucessfully. The question about whether differences arise when implementing technology in an Islamic bank in comparison to one that operates under a Western ‘conventional’ model attracts a mixed and sometimes contradictory response.
However, modern Islamic banking is only about 40 years old and it has developed the most within the last 10 years. This means that it is comparatively immature, and so it has some catching up to do………………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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