Dual banking system is a banking system of a country or a territory that incorporates both conventional and Islamic financial systems.

Name: Dual banking system is a banking system of a country or a territory that incorporates both conventional and Islamic financial systems.
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A dual banking system allows both conventional banks and Islamic banks to operate, catering to different customer preferences and complying with both conventional and Shariah-compliant financial principles.

Dual Banking System Is a Banking System of a Country