Articles

The Islamic capital in the field of market activity

Vostok/Oriens '2016, №3

 
Since not so long ago the Sharia-compliant financial institutions have operated creatively in the Persian Gulf area and in few Southeast Asian countries. During a quite short period of time they got the chance to become a serious phenomenon so making the world to talk about them. As a result they strengthened their positions not only in their part of the world but managed also to rather diversify the world financial landscape. The Islamic banks are going not only to compete with their conventional vis-à-vis, but to oust them sooner or later someday in the future. Meanwhile they themselves are still not ready to explore their own ground in a full range and now keep under their control no more than 25–60 percent of their land.

Keywords: the Sharia-compliant banks, market competition, interaction and cooperation of capital, credit institutions, Islamic assets, internationalization, world capital market, Islamic bonds

Pages: С. 152–162