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Non-Muslim perception on Islamic banking products and services in Malaysia

In this recent years, Islamic banking and finance has shown positive growth around the world among non – Muslim due to its broader product coverage and the ability to traverse the globe economy. Being one of pioneer members of Islamic Banking, Malaysia has been promoting the idea of implementing Is...

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Main Authors: Ahmad Razimi, Mohd Shahril, Romle, Abd Rahim
Format: Article
Language:English
Published: IDOSI Publications 2017
Subjects:
BP Islam. Bahaism. Theosophy, etc
HG Finance
Online Access:http://repo.uum.edu.my/21915/1/WJIHC%207%201%202017%207%2011.pdf
http://repo.uum.edu.my/21915/
http://www.idosi.org/wjihc/wjihc7(1)17/2.pdf
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spelling my.uum.repo.219152017-04-30T03:52:45Z http://repo.uum.edu.my/21915/ Non-Muslim perception on Islamic banking products and services in Malaysia Ahmad Razimi, Mohd Shahril Romle, Abd Rahim BP Islam. Bahaism. Theosophy, etc HG Finance In this recent years, Islamic banking and finance has shown positive growth around the world among non – Muslim due to its broader product coverage and the ability to traverse the globe economy. Being one of pioneer members of Islamic Banking, Malaysia has been promoting the idea of implementing Islamic Banking system with the purpose to expand among Muslim as well among non – Muslim. Islamic banking is a banking system that comply with Islamic Shariah principles and teaching with the concept of fair distribution and utilization of fund for all the banking operations start from the transaction and the prohibition of interest earning and rewarding.However, to what extent that Islamic Banking is accepted by Non – Muslim in Malaysia and what is their perception towards products and services that offered under Islamic Banking.The perceptions of non-Muslims towards Islamic banks are various among themselves.This study also provides theoretical and managerial implications for the Islamic bankers to attract non-Muslims customers and suggestion for future research in Islamic Banking. For the degree of perception, the link between religion and education could not be established with the perception that the establishment of Islamic banking will improve the overall banking facilities since most of the respondents were unsure of Islamic banking products and services are gaining popularity among non-Muslim.Most respondents strongly thought that Islamic banking would dominate conventional banking in Malaysia, in the near future.The purpose of this article is to review and discuss past scholars and researcher who did empirical research and thorough studies on this topic matter.In this article, we mainly discussed few journals that focused on non- Muslims’ perception on Islamic banking products and services. IDOSI Publications 2017 Article PeerReviewed application/pdf en http://repo.uum.edu.my/21915/1/WJIHC%207%201%202017%207%2011.pdf Ahmad Razimi, Mohd Shahril and Romle, Abd Rahim (2017) Non-Muslim perception on Islamic banking products and services in Malaysia. World Journal of Islamic History and Civilization, 7 (1). pp. 7-11. ISSN 2225-0883 http://www.idosi.org/wjihc/wjihc7(1)17/2.pdf
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic BP Islam. Bahaism. Theosophy, etc
HG Finance
spellingShingle BP Islam. Bahaism. Theosophy, etc
HG Finance
Ahmad Razimi, Mohd Shahril
Romle, Abd Rahim
Non-Muslim perception on Islamic banking products and services in Malaysia
description In this recent years, Islamic banking and finance has shown positive growth around the world among non – Muslim due to its broader product coverage and the ability to traverse the globe economy. Being one of pioneer members of Islamic Banking, Malaysia has been promoting the idea of implementing Islamic Banking system with the purpose to expand among Muslim as well among non – Muslim. Islamic banking is a banking system that comply with Islamic Shariah principles and teaching with the concept of fair distribution and utilization of fund for all the banking operations start from the transaction and the prohibition of interest earning and rewarding.However, to what extent that Islamic Banking is accepted by Non – Muslim in Malaysia and what is their perception towards products and services that offered under Islamic Banking.The perceptions of non-Muslims towards Islamic banks are various among themselves.This study also provides theoretical and managerial implications for the Islamic bankers to attract non-Muslims customers and suggestion for future research in Islamic Banking. For the degree of perception, the link between religion and education could not be established with the perception that the establishment of Islamic banking will improve the overall banking facilities since most of the respondents were unsure of Islamic banking products and services are gaining popularity among non-Muslim.Most respondents strongly thought that Islamic banking would dominate conventional banking in Malaysia, in the near future.The purpose of this article is to review and discuss past scholars and researcher who did empirical research and thorough studies on this topic matter.In this article, we mainly discussed few journals that focused on non- Muslims’ perception on Islamic banking products and services.
format Article
author Ahmad Razimi, Mohd Shahril
Romle, Abd Rahim
author_facet Ahmad Razimi, Mohd Shahril
Romle, Abd Rahim
author_sort Ahmad Razimi, Mohd Shahril
title Non-Muslim perception on Islamic banking products and services in Malaysia
title_short Non-Muslim perception on Islamic banking products and services in Malaysia
title_full Non-Muslim perception on Islamic banking products and services in Malaysia
title_fullStr Non-Muslim perception on Islamic banking products and services in Malaysia
title_full_unstemmed Non-Muslim perception on Islamic banking products and services in Malaysia
title_sort non-muslim perception on islamic banking products and services in malaysia
publisher IDOSI Publications
publishDate 2017
url http://repo.uum.edu.my/21915/1/WJIHC%207%201%202017%207%2011.pdf
http://repo.uum.edu.my/21915/
http://www.idosi.org/wjihc/wjihc7(1)17/2.pdf
_version_ 1644283372056346624
score 13.211869

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