Financial performance of Islamic banking in Kuwait. (Ph.D. Thesis)

This examination financially compares Islamic banks to modern, commercial banks in the hopes of shedding light on the efficiency, advantages, and disadvantages of the Islamic banking system. The Kuwait Finance House, an Islamic institution, is compared to its conventional counterpart, the National Bank of Kuwait. A focus of the evaluation is to assess the effects of the conditions that each bank operates under. In addition, the research attempts to comprehend the two systems' differing frameworks and management, and how they are affected by different types of revenue. The authors predict that Islamic banks can secure funds just as well as their commercial competition, and that the clients' religion is not the primary reason for the equal level of funding. Also, the researchers foresee that Islamic banks perform just as efficiently as commercial banks, and that additional legal restrictions for Islamic banks do not hinder their ability to compete in the marketplace.