Islamic banks and social development
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Date
2015
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Publisher
University of Management and Technology
Abstract
Islamic finance and banking industry have rapidly flourished in current years. Islamic banking means it should be financilay, morally and socially. In Pakistan most of the Islamic banks working only for the profit maximization. Most of the scholars are argued that the name of Islamic banking should be changed with western HALAL banking This study has been conducted with the help of the key playes, Islamic bankers, working in Islamic banks to check weahther Islamic banks provide the resources to impove the social indicators. After result it is found that Islamic banks provide and motivate the social development with in the society.
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Keywords
MS Thesis, Islamic Banks, Social Development