DEVELOPMENT OF ISLAMIC BANKING IN EUROPEAN COUNTRIES

Islamic finance (Islamic Bank) is basically a financial system that complies with Islamic religious laws. Over the past decades, it has become an industry of 2.1 trillion dollars with assets expected to grow to 3.4 trillion dollars by the end of 2018. With this potential, the global financial community is actively exploring opportunities in this area. In this article, opinions and comments will be made about the share of Islamic banks in European countries.