Continuation
While a fully-fledged Islamic bank will have more dedicated staff
behind its activities, a window operation can make use of a traditional bank’s
existing:
-
networks
-
and infrastructure
for the provision of Islamic products to its customers.
A fully fledged Islamic bank will have a wider scope of
Islamic banking activities than an Islamic window.
Islamic window may be restricted to offering a limited range
of:
-
products
-
and services.
A fully fledged Islamic bank would offer not only Shari’ah-compliant:
-
products
-
and services
but also an inherent internal Shari’ah governance framework.
From the research paper of
European Central Bank
(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho,
B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)
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