PRODUCT MIX OF ISLAMIC FINANCE IN ASIAN COUNTRIES

Abstract

Various types of banking systems operate in the world but if we talk about the most common and most suitable systems which are banking systems. Here we calculate and analyses the data of Islamic banking products in Asian countries mostly the Pakistan Malaysia and turkey. The Islamic account industry has developed considerably in Asia in the course of the most recent 2 decades. The Islamic business industry has grown rapidly in Asia in the last two decades. Muslim peoples in several Asian countries, especially in Southeast Asia, are developing their interest towards these types of business. The rapid rise of the Muslim and the satisfaction of requests for comfort can revise the acclaim of Islamic money as a clear alternative to ordinary financial instruments. Similarly, scholars in Central and East Asia hope to put their fortune on things that match their ideas to develop Islamic bank. It has been noted that companies, administrations and cash register specialists in some Asian countries hoped that individual jobs would improve Islamic tax markets to support theories and raise adequate funds to refinance financial progress using the immense liquidity of oil and other things., Create countries. The ethical nature and budgetary quality of Islamic tax matters can generate interest. Things related to Islamic money focus on ethics, with a risk profile that perceptual auditors are increasingly ethical.