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A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah

Islamic bank is similar to the conventional bank by which it performs the same function like lending and others, except that Islamic bank need to operate transaction accordance to the principles of Islam (Henry and Wilson, 2004; Iqbal and Mirakhor, 2007). Shariah which is Islamic law is the guidance...

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Main Author: Dollah, Mohd Fikri
Format: Student Project
Language:English
Published: 2014
Subjects:
Banking
Online Access:https://ir.uitm.edu.my/id/eprint/103950/1/103950.pdf
https://ir.uitm.edu.my/id/eprint/103950/
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spelling my.uitm.ir.1039502024-09-30T02:03:27Z https://ir.uitm.edu.my/id/eprint/103950/ A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah Dollah, Mohd Fikri Banking Islamic bank is similar to the conventional bank by which it performs the same function like lending and others, except that Islamic bank need to operate transaction accordance to the principles of Islam (Henry and Wilson, 2004; Iqbal and Mirakhor, 2007). Shariah which is Islamic law is the guidance for this Islamic Banking which prohibits business that related to sin such as gambling and alcohol. Moreover, riba (interest) and gharar (uncertainty) is also prohibited in this industry (Khan and Khanna, 2010). The main prohibitions on interest banking are because general belief that to earn income without assuming risk is not fair (Siddiqui, 2001). Based on history, Islamic Banking establishes its name due to customer which wants to invest their money in accordance to religious belief (Devlin, 2002). Therefore, it is the objective of Islamic banking that they do not want to be considered as a business entity established not only to satisfy the religious obligations of the Muslim community anymore. 2014 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/103950/1/103950.pdf A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah. (2014) [Student Project] (Submitted)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Banking
spellingShingle Banking
Dollah, Mohd Fikri
A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah
description Islamic bank is similar to the conventional bank by which it performs the same function like lending and others, except that Islamic bank need to operate transaction accordance to the principles of Islam (Henry and Wilson, 2004; Iqbal and Mirakhor, 2007). Shariah which is Islamic law is the guidance for this Islamic Banking which prohibits business that related to sin such as gambling and alcohol. Moreover, riba (interest) and gharar (uncertainty) is also prohibited in this industry (Khan and Khanna, 2010). The main prohibitions on interest banking are because general belief that to earn income without assuming risk is not fair (Siddiqui, 2001). Based on history, Islamic Banking establishes its name due to customer which wants to invest their money in accordance to religious belief (Devlin, 2002). Therefore, it is the objective of Islamic banking that they do not want to be considered as a business entity established not only to satisfy the religious obligations of the Muslim community anymore.
format Student Project
author Dollah, Mohd Fikri
author_facet Dollah, Mohd Fikri
author_sort Dollah, Mohd Fikri
title A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah
title_short A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah
title_full A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah
title_fullStr A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah
title_full_unstemmed A determinant of islamic banking competitiveness: a study in LFSA / Mohd Fikri Dollah
title_sort determinant of islamic banking competitiveness: a study in lfsa / mohd fikri dollah
publishDate 2014
url https://ir.uitm.edu.my/id/eprint/103950/1/103950.pdf
https://ir.uitm.edu.my/id/eprint/103950/
_version_ 1811598364548005888
score 13.211869

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