Trends Report

A First Look At Islamic Banking

Large And Growing Segment Captures The Attention Of Conventional Banks

March 26th, 2009
Jost Hoppermann, null
Jost Hoppermann
With contributors:
Alex Cullen , Matt Czarnecki , Christina Lee , Gene Leganza

Summary

Islamic finance and in particular Islamic banking is a growing segment within multiple countries as well as on a global level. Conventional banks increasingly show interest in Islamic banking. Enterprise architects need to understand the key principles of Islamic banking and the impact on the existing application landscapes so that they are prepared when the business requires Sharia-compliant banking platforms.

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