Converting Conventional Banks into Islamic Banking System in the State of Kuwait

  Write a research paper discussing the cases of converting conventional banks into Islamic system banks in the state of Kuwait. 1- examine the performance of Islamic and conventional banks in the Arabian gulf region in general and Kuwait in specific. 2- explore the reasons and elements leading to banks converting from conventional system to Islamic system in the Arabian countries. 3- discuss the strategies adopted in converting and the mechanisms used. 4- show the differences between conventional & Islamic banks 5- Show the cultural, social, religious origin leading to this conversions. 6- explore the requirements and obstacle related to the conversions. 7- meet with banking leaders to understand the reasons that led to making the conversion decision (Kuwait International Bank) and the strategy used. 8- examine if the Islamic banks possess the capabilities of other financial institutes in meeting the needs of customers and gain the required profits for its depositors. 9- the fundamental rules and pillars to the development of Islamic banking products and services.