Browsing by Author "Sadat, Irfana"

Filter results by typing the first few letters
Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    Problems and Prospects of Islamic Capital Market In Bangladesh
    (Centre for Research on Islamic Management and Business, 2016-12) Muzahid, Mohammad Aman Uddin; Sadat, Irfana
    Islamic finance is acquiring a growing respected place in the world financial system and its market share has been growing by more than 15 percent annually for the last ten years. It has been acknowledged by the scholars on the need for this development to cater for the Islamic banking, Takaful and Islamic capital market industries. Among these three streams of the service industry, the Islamic capital market plays a crucial role to support the other two. Since Islamic banks and Takaful operators have to invest to provide the benefits to the investors and policy holders which are compatible with the conventional counterparts, the Islamic capital market is assumed to be the backbone for the two to survive and grow in the Islamic finance industry. It is the objective of this paper to investigate the problems and prospects of Islamic capital market in Bangladesh. Hence, issues related to the ICM such as instruments that is presently used for capital financing, and the background and origin of the Islamic capital market were discussed. Finally, it was concluded that the ICM is rapidly growing and there is a huge potentials waiting to be exploited in the market.