Islamic Banking in Sri Lanka - A Literature Review
Kaushala,H.N. & Rajapakse R P C R Rajapakse (2016) Islamic Banking in Sri Lanka - A Literature Search. Imperial Journal of Interdisciplinary Research (IJIR) Vol 2. Issue 6. pp 1346-1352
8 Pages Posted: 1 Nov 2016 Last revised: 24 Mar 2017
Date Written: October 29, 2016
Islamic banking has a short history in Sri Lanka. Having introduced in 1997, the local banks were venturing into the arena gradually and today there are state banks and commercial banks operating in Islamic Banking. There are many other institutions including Islamic Micro Financiers offering Murabaha, Mudarabah, Ijara, Wakal, Musharaka, Diminishing Musharaka, Takaful etc. Hence it is very much important to investigate the present condition of the industry, which led the researchers to review the existing literature regarding Islamic banking in Sri Lanka. The search reveals that there exists a clear gap in literature regarding the determinants of performance of Islamic banking in Sri Lanka.
Keywords: Islamic banking, Financial performance, Ratio Analysis, Sharia
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