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In this book, the author has addressed and analysed the key factors affecting efficiency including profitability, cost, stability, risk and growth of Islamic Banking. The study also analysed the major challenges facing the Islamic Banking sector including legal, regulatory, competition, product, complaint and marketing oriented issues. The study illustrates that, even though Islamic Banking is facing some serious internal and external challenges, but it is still performing efficiently and can survive and compete with conventional counterpart banks. The study has identified some of the key challenges and maintained that overall Islamic banking industry is suffering. For example, the unavailability of (trained and expert staff, inter-bank money market, correspondence banks for foreign remittances, international accounting standards, international operational standards and international sharia auditing) as well as liquidity fund management problem, lack of marketing and customer awareness, lack of products standardization, nonexistence of empathy of opinion between different school of thoughts, non-unified Sharia complaint and finally double taxation.

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Danish, Safeer Ahmad
Safeer Ahmad Danish born in 1983 in Afghanistan, studied Bachelor law at Nangarhar University, Master HRM/Labour Law at NIBM, India and European Master Law & Economics at Hamburg University, Germany and at Università di Bologna, Italy. He has more than seven years experience with the national and international organization in Banking and Finance.

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