Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

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.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.303How to use a DOI?
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  -