دور المصارف الإسلامية العراقية في التعاملات التجارية بين الدول الإسلامية

Abstract EN

The experience of Islamic and conventional banks in providing banking services and reviewing the volume traditional of banking services provided by each type of those banks, whether Islamic or conventional for the time period (2009-2019), which was adopted as a basis traditional for study in both Islamic and traditional banks, and after the study sample was determined for Islamic banks, which were represented in (Iraq Islamic Bank, Elaf Islamic Bank, and Kurdistan Islamic Bank) and the study sample was for traditional banks were (Bank of Baghdad, Gulf Commercial Bank, and North Bank for Finance and Investment) and by analyzing the financial statements of each bank and compare it with other banks of the same type (Islamic / traditional) and by comparing the total results of each group of those banks with the other group, a number of important results have been reached that confirm that both Islamic and traditional banks are a tool for integration and development of banking work in the country.

This integration can be seen in the superiority of Islamic banks over traditional banks in some of the banking services they provide, such as documentary credits, while we find that Islamic banks have lagged behind in providing some other banking services if their performance is compared to that of traditional banks, but the thing is worthwhile.

It is worth noting that what is taken into consideration is the commitment of Islamic banks to the rules of Islamic law (such as the obligation to stay away from usurious transactions), which would limit some of the Islamic bank’s activities, which will be directly reflected in the volume of financial returns or reduce the scope of banking services provided by those Banks, which would make traditional banks in continuous progress and superiority over Islamic banks because traditional banks perform these without services commitment to legal and fiqh controls.