The Scope of Conventional Banking

It was seen that conventional banking does not provide adequate solutions to socio-economic affairs. Ethical banking is the second name of Islamic banking for the same reason. 

The Emergence of Islamic Banking 

According to The World Bank, the growth of Islamic banking in most Islamic countries is far more than conventional banking.

Islamic Banking Vs Conventional Banking

The World Bank is convinced by the implementation and results of Islamic Banking and has been helping its client countries to expand the implementation of the Shariah-based model of finance. 

The demand for conventional banking will be reduced, if not eliminated in the next 5 years. 

The Scope of Conventional Banking in the Next 5 Years

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