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Revista Universidad y Sociedad
On-line version ISSN 2218-3620
Abstract
GUNDUZ, Serdal. Development and promotion of Islamic banking system and its role in the global banking sector. Universidad y Sociedad [online]. 2020, vol.12, n.2, pp. 336-340. Epub Apr 02, 2020. ISSN 2218-3620.
In this study, we attempt to investigate carefully the role of the Islamic Capitalism in the past, present, and future. This role has been bloomed around the world, is quickly blooming in Turkey, and is expected to expand to other sectors in in the years ahead. In this research, it is expected that shortly after the banks join the Islamic Capitalism, they will grow rapidly and this growth will occur more rapidly in the future. Although Islamic banking has a small share in the world financial system, it has achieved remarkable development in the recent years. Considering the large size of the banking sector around the world, we conclude that Islamic banking has a very small share of this market.
Keywords : Islamic banking; Islamic banking in the world; Turkish banking.