R.P. Inderaprastha Institute of Technology, Bastara, Karnal, Haryana.
The rhythm and the swiftness with which number of Islamic Banks are coming up across the world have astonished many banking experts. Many international banks like Citi Bank, HSBC Bank, Standard Chartered Bank, etc. have already opened Islamic Banking divisions across the world especially in several West Asian countries, Europe and USA.
All this has eventually made it worthwhile to study the reasons, for their incredible expansion and progress. Through this an attempt has been made to find out reasons for their growth and development and to find out their outstanding features.
Islamic Banking, Islamic Law