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BRIAN KETTELL, the Course Director, worked at the Central Bank of Bahrain for several years and has extensive experience in Islamic banking.
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He has published 16 books on banking and financial markets and over 20 case studies on Islamic banking and finance.

Module 11

Strategic issues faced by Islamic banks

objective04This module analyses some of the major challenges faced by Islamic banks. The fact that Islamic banks operate in a global world dominated by conventional banks creates distinct challenges to which they must respond.

  • Islamic banking business model
  • Lack of uniform regulatory framework
  • No single totally Islamic financial centre
  • Slow pace of innovation
  • Accounting issues not resolved
  • Inconsistent Sharia'a rulings
  • Corporate Governance
  • Structure of the industry
  • Personnel and training issues