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Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen

In Tunisia, especially after the revolution of 14 January 2011, the economy has experienced a recession that has attracted the new government for its resolution. The topic of Islamic finance can participate in the economic recovery by encouraging firm creation by young people and attracting Islami...

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Main Author: Karray, Imen
Format: Article
Language:English
Published: Faculty of Business and Management 2014
Online Access:http://ir.uitm.edu.my/id/eprint/12364/2/AJ_KAMMOUN%20AIDA%20JEEIR%2014.pdf
http://ir.uitm.edu.my/id/eprint/12364/
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spelling my.uitm.ir.123642019-03-12T03:42:54Z http://ir.uitm.edu.my/id/eprint/12364/ Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen Karray, Imen In Tunisia, especially after the revolution of 14 January 2011, the economy has experienced a recession that has attracted the new government for its resolution. The topic of Islamic finance can participate in the economic recovery by encouraging firm creation by young people and attracting Islamic foreign investors in Tunisia. With the framework of this paper, we seek to understand empirically, from a questionnaire sent to Tunisian students, the point of view of future entrepreneurs towards the financial Islamic products in order to discern at what level these devices are able to ensure the financial requirements of small or medium firms newly created. Firt, many students think that Islamic finance can be a solution to economic actual crisis of the country by developping products that meet the needs of potential investors. So, it will participate in the job creation and unemployment reduction. We find that a high fraction of respondents consider that the decision to contract with an Islamic bank is founded on both cost and religious conviction. Knowledge of Islamic finance principles is also an important factor favoring the use of Islamic products. Finally, it is found that problems faced when using conventional banks can favor the development of Islamic products of financing especially partnership contracts. Faculty of Business and Management 2014 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/12364/2/AJ_KAMMOUN%20AIDA%20JEEIR%2014.pdf Karray, Imen (2014) Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen. Journal of Emerging Economies and Islamic Research (JEEIR), 2 (3). pp. 1-14. ISSN 2289-2559
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
description In Tunisia, especially after the revolution of 14 January 2011, the economy has experienced a recession that has attracted the new government for its resolution. The topic of Islamic finance can participate in the economic recovery by encouraging firm creation by young people and attracting Islamic foreign investors in Tunisia. With the framework of this paper, we seek to understand empirically, from a questionnaire sent to Tunisian students, the point of view of future entrepreneurs towards the financial Islamic products in order to discern at what level these devices are able to ensure the financial requirements of small or medium firms newly created. Firt, many students think that Islamic finance can be a solution to economic actual crisis of the country by developping products that meet the needs of potential investors. So, it will participate in the job creation and unemployment reduction. We find that a high fraction of respondents consider that the decision to contract with an Islamic bank is founded on both cost and religious conviction. Knowledge of Islamic finance principles is also an important factor favoring the use of Islamic products. Finally, it is found that problems faced when using conventional banks can favor the development of Islamic products of financing especially partnership contracts.
format Article
author Karray, Imen
spellingShingle Karray, Imen
Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen
author_facet Karray, Imen
author_sort Karray, Imen
title Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen
title_short Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen
title_full Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen
title_fullStr Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen
title_full_unstemmed Islamic finance for future entrepreneurs : exploring Tunisian Business students’ knowledge and potential usage of Islamic financing products / Kammoun Aida and Karray Imen
title_sort islamic finance for future entrepreneurs : exploring tunisian business students’ knowledge and potential usage of islamic financing products / kammoun aida and karray imen
publisher Faculty of Business and Management
publishDate 2014
url http://ir.uitm.edu.my/id/eprint/12364/2/AJ_KAMMOUN%20AIDA%20JEEIR%2014.pdf
http://ir.uitm.edu.my/id/eprint/12364/
_version_ 1685648357507203072
score 13.211869

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