ISSN: 2222-6990
Open access
For the financial system, commercial banks function as primary principles. They provide various services for individuals and companies. On the other hand, Islamic banks serve to provide financial services that comply with Sharia laws, and focus on economic justice and general economic development. In global financial markets, financial foundations have been experiencing a continuous development. Among these foundations, Islamic banks play a significant role in the global banking system. They are dependent upon principles and regulations that are in compliance with Islamic law (Sharia). This makes these banks different, in their structure and perspectives, than to the conventional commercial banks. These two types of financial foundations have a common ground, where both commercial banks and Islamic banks have an interaction that significantly influences their banking activities. The present research seeks to uncover this complicated relationship, and to analyze the impact of Islamic banks on banking activities and general economy. In this respect, we should conceive the challenges and opportunities that may arise as a result of the integration of these two types of banking, and how these challenges and opportunities can contribute to stability and sustainable development in global financial markets. By our investigation, we expect to reveal the role of Islamic banks in enhancing Islamic funding and improving the financial performance of commercial banks. We also expect to understand how this relationship may contribute to the improvement of economic stability and sustainability.
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(Blooshi, 2024)
Blooshi, F. Al. (2024). The Relationship between Islamic Banks and Commercial Banks and its Impact on Banking Activities. International Journal of Academic Research in Business and Social Sciences, 14(4), 1647–1665.
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