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Islamic Banking In European Union Countries: Challenges And Opportunities

Author

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  • Diana Sadoveanu

    (Alexandru Ioan Cuza University of Iasi)

Abstract

Islamic banking is a relative young industry, with a high rate of growth, which in the last years became a highly discussed subject, due to the challenges and opportunities that it brings. Due to the fact, that in the last decade, the Islamic banking made its presence in the European Union market, too, in this paper we try to describe the main features of the Islamic banking transactions and to identify the challenges and opportunities that its brings.

Suggested Citation

  • Diana Sadoveanu, 2011. "Islamic Banking In European Union Countries: Challenges And Opportunities," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 3(4), pages 592-598, December.
    • Handle: RePEc:jes:wpaper:y:2011:v:3:i:4:p:592-598
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    References listed on IDEAS

    as
    1. Ahmad, Ausaf & Khan, Tariqullah & Iqbal, Munawar, 1998. "Challenges Facing Islamic Banking (Occasional Paper)," Occasional Papers 1998, The Islamic Research and Teaching Institute (IRTI).
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    More about this item

    Keywords

    Islamic banking; European Union; regulation; Islamic banking products and services Romania;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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