This book chapter discusses past, present and future of the Islamic banking in Libya
Photo by Aditya Vyas on Unsplash
What is it about?
Conversion process of conventional bank into an Islamic banking in Libya is surrounded and faced by many challenges. Internal challenges are not less significant than external ones. Trained human resource, lack of awareness in Islamic banking, and resistance to change to Islamic banks are considered as internal challenges which represent the stage of readiness to convert the sector.
Why is it important?
This will help the MENA region to look into deep state problem for transforming conventional bank into an Islamic banking system. This study an empirically conducted and its findings are important to somehow generalize the state of the art problem.
The following have contributed to this page: Professor Khaliq Ahmad bin Mohamad