Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai

There have been numerous complaints and grievances by the customers of the Islamic banks. The banks are being accused of charging high financing costs on their customers. Before remedial action could be undertaken, the root causes of the grievances need to be identified. As such, a comprehensive con...

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Main Authors: Abdul Latiff, Ahmad Shaharudin, Haron, Haryani, Anamalai, Muthukkaruppan
Format: Book Section
Language:en
Published: Division of Research and Industry Linkages, UiTM Melaka 2014
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/54375/1/54375.pdf
https://ir.uitm.edu.my/id/eprint/54375/
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author Abdul Latiff, Ahmad Shaharudin
Haron, Haryani
Anamalai, Muthukkaruppan
author_facet Abdul Latiff, Ahmad Shaharudin
Haron, Haryani
Anamalai, Muthukkaruppan
author_sort Abdul Latiff, Ahmad Shaharudin
building Tun Abdul Razak Library
collection Institutional Repository
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
continent Asia
country Malaysia
description There have been numerous complaints and grievances by the customers of the Islamic banks. The banks are being accused of charging high financing costs on their customers. Before remedial action could be undertaken, the root causes of the grievances need to be identified. As such, a comprehensive content analysis of literatures pertaining to the grievances on the Islamic banks has been carried out the outcome of the analysis is a cause-effect concept map outlining thirty-four root causes of the grievances. The root causes are further classified under four main causes of grievances: the preference of the banks on debt-based financings, inadequate understanding about the banking-products,-doubts-whether the banks really employ with the Shariah, and poor product innovations and service quality at the banks. The findings of this survey could be viewed as the basis for remedial actions to be undertaken by the Islamic banks to address the prevailing grievances.
format Book Section
id my.uitm.ir-54375
institution Universiti Teknologi Mara
language en
publishDate 2014
publisher Division of Research and Industry Linkages, UiTM Melaka
record_format eprints
spelling my.uitm.ir-543752022-02-15T04:43:00Z https://ir.uitm.edu.my/id/eprint/54375/ Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai Abdul Latiff, Ahmad Shaharudin Haron, Haryani Anamalai, Muthukkaruppan Customer services. Customer relations Consumer complaints. Complaint letters Special classes of banks and financial institutions There have been numerous complaints and grievances by the customers of the Islamic banks. The banks are being accused of charging high financing costs on their customers. Before remedial action could be undertaken, the root causes of the grievances need to be identified. As such, a comprehensive content analysis of literatures pertaining to the grievances on the Islamic banks has been carried out the outcome of the analysis is a cause-effect concept map outlining thirty-four root causes of the grievances. The root causes are further classified under four main causes of grievances: the preference of the banks on debt-based financings, inadequate understanding about the banking-products,-doubts-whether the banks really employ with the Shariah, and poor product innovations and service quality at the banks. The findings of this survey could be viewed as the basis for remedial actions to be undertaken by the Islamic banks to address the prevailing grievances. Division of Research and Industry Linkages, UiTM Melaka 2014 Book Section PeerReviewed text en https://ir.uitm.edu.my/id/eprint/54375/1/54375.pdf Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai. (2014) In: International Conference on Islamic Business, Art, Culture & Communication (ICIBACC 2014). Division of Research and Industry Linkages, UiTM Melaka, Alor Gajah, Melaka, p. 24.
spellingShingle Customer services. Customer relations
Consumer complaints. Complaint letters
Special classes of banks and financial institutions
Abdul Latiff, Ahmad Shaharudin
Haron, Haryani
Anamalai, Muthukkaruppan
Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai
title Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai
title_full Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai
title_fullStr Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai
title_full_unstemmed Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai
title_short Grievances on Islamic banks: a survey / Ahmad Shaharudin Abdul Latiff, Haryani Haron and Muthukkaruppan Anamalai
title_sort grievances on islamic banks: a survey / ahmad shaharudin abdul latiff, haryani haron and muthukkaruppan anamalai
topic Customer services. Customer relations
Consumer complaints. Complaint letters
Special classes of banks and financial institutions
url https://ir.uitm.edu.my/id/eprint/54375/1/54375.pdf
https://ir.uitm.edu.my/id/eprint/54375/
url_provider http://ir.uitm.edu.my/