Differences of Conventional Islamic Banking Practices:An Empirical Analysis in Bangladesh

The main purpose of the study is to evaluate the difference betweenconventional banking system the Islamic banking system as per theoreticaland practical banking. To achieve the objectives of the study, both of primaryand secondary data have been collected from the three conventional banks i.e.SBL, ABL, JBL and three Islamic banks i.e. IBBL, SIBL, AAIB in Bangladesh.The used descriptive statistics techniques to analysis of the distinctive featuresof Islamic banking system specially its concern about the detailed descriptionof interest and profit calculation, Accounting system of Islamic andconventional banking in Bangladesh. The study identified that the perfectness satisfied the banking neediness of general public regardless of religion,nation, country, culture, customs, belief in the society. The study reveals thatIslamic Banking is practicing more convenient comparing to conventional foroffering customers. The study also identified that the Islamic banking systemhas to face some questions about its purity in Islamic concept since beginningtimes.