Islamic Economics Institute | Researches | Islamic Banks and Financial Globalization: The Expected Outcomes and the Required Response (View point of the Top Management Staff at the Jordanian Islamic Banks)

Islamic Economics Institute

Document Details

Document Type	:	Article In Journal
Document Title	:	Islamic Banks and Financial Globalization: The Expected Outcomes and the Required Response (View point of the Top Management Staff at the Jordanian Islamic Banks) المصارف الإسلامية والعولمة المالية: الآثار المتوقعة وكيفية المواجهة (وجهة نظر العاملين في الإدارة العليا في المصارف الإسلامية الأردنية)
Subject	:	Islamic Banks
Document Language	:	Arabic
Abstract	:	Abstract. Jordanian Islamic Banks (JIBs) are facing enormous challenge that is the financial Globalization and liberalization, where the financial openness nationally and internationally took various deep dimensions that affectes economic and financial systems worldwide. This study aims at forming strategic response to assess the JIBs ability to take advantage of the opportunities that may be provided by financial globalization and limit its threats, through assessing the capability of Islamic banks to meet the requirements and challenges of financial globalization, in order to maximize and limit the expected opportunities and threats respectively. The study finds that the financial globalization will have negative effects on Islamic banks’ autonomy and competitive positions. It will also enhance the Islamic banks’ ability to create new investment and liquidity management instruments and methods, and develop the existing ones. In addition to increasing its ability to take advantage of the openness by expanding it’s operations into new markets. The research recommends that there is a need to strengthen cooperation between JIBs and other Islamic banks abroad, and reinforce the leadership role of young employees in the required strategic changes, in addition to moving the responsibilities of (Shari’ah boards supervision) from the Islamic individual banks to the central banks to become (Central Shari’ah Supervision).
ISSN	:	1018-7383
Journal Name	:	Islamic Economics Journal
Volume	:	22
Issue Number	:	2
Publishing Year	:	1430 AH 2009 AD
Article Type	:	Article
Added Date	:	Sunday, November 7, 2010

Researchers

Researcher Name (Arabic)	Researcher Name (English)	Researcher Type	Dr Grade	Email
أحمد طه العجلوني	Al-Ajlouni, Ahmad Taha	Researcher	Doctorate	Alajlouni69@yahoo.com

Files

File Name	Type	Description
27903.pdf	pdf	المصارف الإسلامية والعولمة المالية: الآثار المتوقعة وكيفية المواجهة

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