Purpose – Islamic banking as a financial institution has always been proclaimed to be different from conventional banking systems. This is mainly due to the prohibition of interest and emphasis on achieving social economic responsibility in society. However, in practice, Islamic banking...

Purpose – The purpose of this study is to provide solid examination of Iran's Islamic financial system and its development after the end of the Iran-Iraq war in 1988. Design/methodology/approach – The analysis is conducted by using financial data over the period 1993-2007 as solid data...