Opportunities of Islamic banking?

Question

hello,

I am doing a SWOT analysis of Islamic banking. unfortunately, i can't find any opportunities for it... can you please help me?

thank you....

Answer 1

S: religious appeal, theocracy mandates

W: limited appeal outside core customer base

O: fastest growing religion in the world.

T: move toward more Shari'ah compliant services offered by mainstream banks

When you do a SWOT, a lot of times things that you thought of first as being a strength can also be an opportunity, if it is having a growing influence on core customers, and thereby increasing CLV.