Islamic Social Banking Platform (Case of Resalat Islamic Bank)

Artikel

In this paper, we examined an effective business model for the ecosystem of Islamic FinTech for Resalat Islamic Bank. The article discussed three phases of Resalat Bank development as a Platform in formulating social business models that require new value propositions, value constellations, and profit equations, and as such, resembles business model innovation. The result of the qualitative method for comparing Resalat Bank and Grameen Bank indicated that the business model of Resalat Bank is more efficient than Grameen Bank. We also discussed the challenges of transformation from the "current Islamic banking business model" to "Islamic banking as a platform" and proposes a framework for "Islamic bank as a platform" at the macro and micro levels.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Journal of Money and Economy ; ISSN: 2588-7114 ; Volume: 15 ; Year: 2020 ; Issue: 1 ; Pages: 35-54 ; Teheran: Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran

Classification and Topics

• Classification: Wirtschaft ; Institutions: Design, Formation, Operations, and Impact ; General Financial Markets: General (includes Measurement and Data) ; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
• Subject: Islamic Social Banking ; Platform ; Business Model ; Sharing Economy ; Fintech

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Mirjalili, Seyed Hossein ; Baan, Hassan ; Soroosh, Abouzar ; Botshekan, Mohammad Hashem
• Event: Veröffentlichung
• (who): Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran
• (where): Teheran
• (when): 2020

Further information

• Handle: http://hdl.handle.net/10419/226652
• Last update: 10.03.2025, 11:45 AM CET