FORMATION PRINCIPLES AND BASIC MODELS OF ISLAMIC BANKING

Abstract

The article is devoted to the development of theoretical and methodological grounds of the Islamic banking study as well as scientific and practical recommendations towards its principles implementation in the traditional banking systems. In the thesis the methodological grounds of the Islamic banking study are considered in the context of the global financial system development paradigm; the principles of Islamic banking formation are defined and its basic models are characterized. The role and place of the Islamic banking in the global financial system are studied; the current state of Islamic banking integration in the traditional banking systems is analyzes