GLOBALIZATION OF FINANCIAL MARKET OF ISLAMIC BANKING

Abstract

The main approach in financial market has been enlightened for global analysis of
Islamic Banking. Islamic banking is growing at a galloping pace all over the world,
even though its volume is quite low as compared to conventional banks but through its
innovation and productive feature of banking facilitaties to their customers are very
impressive in high ratio to Muslim customer as well as to non Muslims. Global Islamic
average growth rate is momentously high year by year.
There is high potential for Islamic banking & Finance industry. It is recommended that
the Islamic banking industry extends their network with customers desired products and
share the benefit throughout the world. It was concluded that Islamic marketing was the
main source of attraction for the customers. The social justification of this research was
to explore the potential of Islamic Banking with maximize social market ethics.