Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Growth of islamic banking by karimi
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2. Al Huda Int’l Conference 2010 ISLAMIC BANKING: The C ommon P erception & The F uture Prospects A bdul J abbar K arimi HMB-Islamic Banking Division [email_address] Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
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9. Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi Islamic Banking: The Stakeholders Consumers Islamic Banking Institution Government Central Bank Staff Sponsors Management External Internal Legal Framework Demand for Products & Services Vision & Leadership Capital Regulations/Policies guidelines Shariah Adviser/Shariah Board Madrasas/ Religious Scholars Shariah supervision Public opinion/Religious Rulings Productivity
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21. Islamic Banking in Pakistan: An Overview Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
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26. 2. What Motivates an individual? Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
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28. “ O you who believe, Fear Allah and give up what remains of your demand for Interest, if you are indeed a believer. If you do not, then you are warned of the declaration of war from Allah and His Messenger; But if you turn back you shall have your principal: Deal not unjustly and you shall not be dealt with unjustly.” Al Baqarah 278 - 279 (Fourth Revelation) Motivating Factor- Fear Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
29. From Hazrat Abu Hurayrah (RA): The Prophet, peace be on him, said: "Riba has seventy segments, the least serious being equivalent to a man committing adultery with his own mother." (Ibn Majah) Motivating Factor- Fear What Hadith says about Riba? Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
30. From Hazrat Jabir Ibn-e-Abdullah (RA): The Prophet may peace be on him, cursed the receiver and the payer of interest, the one who records it and the witnesses to the transaction and said; “They are all alike (in guilt).” Ref: (Muslim, Tirmidhi and Musnad Ahmed) What Hadith says about Riba? Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
31. 3. Changing the perceptions of the clients by offering the required basket of goods @ market rate addressing the Qs….. Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
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35. Accessing New Market segments through Islamic products Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
36. Is our vision to create a Market Segment? The tale of Telecom. Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
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41. Accessing New Market segments through Islamic products Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
42. At the time of branch opening… - 15 branches of 13 banks on the same road - IBB branch would in fact not be 14 th branch rather 1 st in that area offering Islamic products Accessing New Market segments through Islamic products Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
43. What does this Market Want ? Accessing New Market Segments through Islamic products Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
44. What does this Market Want? “ The winning formula” All things equal I Will prefer an Islamic Product I will Not bank with an Islamic Bank I will only bank with an Islamic Bank Research: Source: Oasis International research 2006 Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
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46. The road ahead… Accessing New Market Segments through Islamic products “ Nothing is more powerful than an idea whose time has come” Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi
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49. Thank you Alhuda Conf. 8-9 June’ 2010 Islamic Banking: The Common Perception & the Future Prospects by : A. J. Karimi FOR FURTHER INFORMATION: Abdul Jabbar Karimi Cell: +92 300 8245995 Ph: +9221 32639665 Email: abduljabbar.karimi@gmail.com
50. CENTER OF ISLAMIC BANKING & ECNOMICS Head Office: 192- Ahmad Block, New Garden Town , Lahore, Pakistan Ph: +92-42-35913096-8, 35858990, 38407850 Fax: +92 -42-35913056 E-mail : [email_address] Web: www.alhudacibe.com