Hypothesis, Operation Target, Risk Management: A Comparative Study of Islamic and Conventional Commercial Banks
Authors
Xiaoqin Wang1, *, Yu Yang2, Liling Feng3
1Economic and Management Institute , China Jiliang University, Hangzhou, China
2Economic and Management Institute , China Jiliang University, Hangzhou, China
3Economic and Management Institute , China Jiliang University, Hangzhou, China
*Corresponding author. Email: 13486112209@163.com
Corresponding Author
Xiaoqin Wang
Available Online 26 March 2022.
- DOI
- 10.2991/aebmr.k.220307.303How to use a DOI?
- Keywords
- Islamic bank; conventional commercial bank; difference; compatible
- Abstract
Based on modern financial intermediary theory, this paper examines the similarities and differences between Islamic banks and conventional commercial banks in the aspects of hypothesis about human nature, operation target, financial standardization and disclosure. The paper points out that Islamic banks have diverged from the ideal PSL model to lease and sales-based contracts in last 20 years, and moreover, the development and growth of Islamic banking was the result of reconciling conventional banking system with the sharia. In future, Islamic banks and conventional commercial banks will get more compatible in financial inclusion, risk management and theories on modern enterprise management.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Xiaoqin Wang AU - Yu Yang AU - Liling Feng PY - 2022 DA - 2022/03/26 TI - Hypothesis, Operation Target, Risk Management: A Comparative Study of Islamic and Conventional Commercial Banks BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 1843 EP - 1848 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.303 DO - 10.2991/aebmr.k.220307.303 ID - Wang2022 ER -