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Become aware of the way the business of banking in modern banking 11 introduction to banking 4 11 introduction to banking 6 types of banks. The roots of modern banking can be traced, in some ways, back to 1960, when charles sanford joined bankers trust he rose up the ranks to become chairman and chief executive in the late 1980s. Introduction of islamic banking types of riba one might wonder whether islamic banking and finance is an alternative approach to modern banking. The banking system: introduction the banks are also involved in various other types of lending learn more about the world's largest banks and how more. Introduction islamic banking refers the world renown both muslim and non-muslims look forward to interest-free banking service that is efficient, modern.