Development of emerging countries is often enabled through non-conventional finance. Indeed, the prohibition of interest and some other impediments require understanding conventional finance and Islamic finance, which both seek to be ethical and socially responsible. Thus, comparing and understanding the features of Islamic banking and conventional banking, in a globalized economy, is fundamental.
This book explains the features of both conventional and Islamic banking within the current international context. It also provides a comparative view of banking governance, performance and risk-taking of both finance systems.
It will be of particular use to practitioners and researchers, as well as to organizations and companies who are interested in conventional and Islamic banking.
Keywords: governance; literature review; brief; islamic; mechanisms; emerging; nonconventional; countries; finance; prohibition; require; impediments; ethical; responsible; features; economy; globalized, International Finance, Globalization & Development, International Finance, Globalization & Development