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Are Islamic Windows of Conventional Banks Still Relevant in the Landscape of Islamic Banking?

Year: 2025

Type: article

Abstract: This study explores the factors contributing to the rise of Islamic windows and their consequences on the Islamic banking sector by utilizing the literature on Islamic windows. The study identifies four main factors viz. legal, economic, strategic and organizational capability that motivate conventional banks to operate Islamic windows. The growth of Islamic windows has driven competition, encouraging both Islamic banks and Islamic windows to innovate and improve service offerings that led to the development of hybrid financial products and new investment solutions.

Source: Journal of economic cooperation and development

DOI: 10.5281/zenodo.16875098

Author: Hudaib, Mohammad

Institution: King Saud University

Language: English

Topic: Islamic Finance and Banking Studies

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

OpenAlex ID: W6893421555

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