Establishment of Islamic Banking System in Afghanistan: Factors Have Led to the Late Establishment of Islamic Banking

  • Mohammad Salim Salim Sharia Faculty, Kabul University, Afghanistan

Abstract

Abstract:
 
This article aims to find the factors causing the underdevelopment of Islamic banking in Afghanistan. The method used is qualitative with a sociology of religion approach and is included in the category of policy research. The results of this study indicate that almost all of Afghanistan's population is Muslim and 90% of Afghans refuse the establishment of conventional banks on the grounds of interest. As for the causes of the delay in Islamic banking in Afghanistan, namely: First, political instability. Second, the economy is weak. Third, lack of legislative support. Fourth, support from scholars. Fifth, lack of public information. Sixth, the lack of experts in their fields.

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Published
2021-01-25
How to Cite
SALIM, Mohammad Salim. Establishment of Islamic Banking System in Afghanistan: Factors Have Led to the Late Establishment of Islamic Banking. HIKMATUNA, [S.l.], v. 6, n. 2, p. 90-102, jan. 2021. ISSN 2503-3042. Available at: <http://e-journal.iainpekalongan.ac.id/index.php/hikmatuna/article/view/2892>. Date accessed: 08 mar. 2021. doi: https://doi.org/10.28918/hikmatuna.v6i2.2892.