Evolution of the Islamic Banking System in Bangladesh: A Systematic Review

Islamic banking, particularly in Bangladesh, is one of the service industries that is expanding at the fastest rate. This banking system does not charge interest on funding and is based on profit-and-loss sharing. Islamic banks frequently offer their customers services that comply with Islamic Shariah, which prohibits the payment of interest. Investigating how the Islamic banking system is progressively becoming more and more popular in Bangladesh is the aim of this study. Using a systematic literature review (SLR) methodology, the data for this qualitative study were gathered from a range of reputable publications and conference proceedings. The findings of the study shed light on the significant elements driving Bangladesh's Islamic banks' sharply rising market share.