This is one of what we hope will be many country-specific papers that we will be featuring going forward. An array of global reports and statistics are available on Islamic finance but it seems equally sensible to tackle specific markets as well, not just to learn about their idiosyncracies but also to refine the understanding of some Islamic finance markets that tend to be over shadowed by other larger markets.
Islamic Banking Performance in the Middle East: A Case Study of Jordan
A. S. Saleh and R. Zeitun
Faculty of Commerce - Economics
University of Wollongong
"The aim of this paper is to examine and analyse the Jordanian experience with Islamic banking, and in particular the experience for the first and second Islamic bank in the country, Jordan Islamic Bank for Finance and Investment (JIBFI), and Islamic International Arab Bank (IIAB) in order to evaluate the Islamic banks’ performance in the county. The paper goes further to shed some light on the domestic as well as global challenges, which are facing this sector."