The impact of the rapid expansion of Islamic banks on the Islamic economy Case Study

Abstract

Islamic banks are an alternative pattern to conventional banks  and have witnessed rapid expansion worldwide, and Islamic banks are  based on the concepts and provisions of Islamic Sharia and aim to  provide financial services compatible with Islamic principles, however,  the expansion of Islamic banks faces challenges and problems in the  application and the importance of this research appeared significantly in  the variables researched and similar Islamic banks and the rapid  expansion and problems of application as it is necessary to understand  the challenges facing this important sector and this research aims to shed  light on Islamic banks and their rapid expansion and analysis of  formalities and challenges facing their application, The factors that  contribute to the growth of Islamic banks will be explored and obstacles  that hinder their effective application will be identified, as the research  problem lies in the rapid expansion witnessed by Islamic banks and the  challenges and difficulties they face in the application process. Societies  that rely on the Islamic financial system The research also provided a set  of recommendations in light of the conclusions, the most important of  which is that Islamic banks should invest in technology and innovation to  enhance their efficiency and improve customer experience.