Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan

Islamic banking was an abstract concept until the first half of the twentieth century. In Kazakhstan, it has been only three years since the first Islamic bank made its debut. Islamic banks have to compete with their rival, conventional banks, which have far longer history than Islamic banks. This c...

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Bibliographic Details
Main Authors:	Abduh, Muhamad, Omarov, Daniyar
Format:	Article
Language:	English
Published:	International Association of Islamic Banks 2013
Subjects:	BP173.75 Islam and economics HG1501 Banking
Online Access:	http://irep.iium.edu.my/32262/ http://irep.iium.edu.my/32262/1/JIBF-July-Sept_13.16-24.pdf

id	iium-32262
recordtype	eprints
spelling	iium-322622014-07-17T03:19:48Z http://irep.iium.edu.my/32262/ Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan Abduh, Muhamad Omarov, Daniyar BP173.75 Islam and economics HG1501 Banking Islamic banking was an abstract concept until the first half of the twentieth century. In Kazakhstan, it has been only three years since the first Islamic bank made its debut. Islamic banks have to compete with their rival, conventional banks, which have far longer history than Islamic banks. This competition urges Islamic banks to know the awareness and willingness of Muslim in Kazakhstan upon them. The purpose of this research is to examine the level of awareness and willingness of Muslims to patronize Islamic banking in Kazakhstan. Thus, a total number of 300 respondents from different cities of Kazakhstan were collected and descriptive analysis methods were adopted. The results show that more than half of the respondents are aware of Islamic banking in Kazakhstan, but they are not aware of most of the products and services offered by Islamic banks. Interestingly, despite the moderate level of Muslim Kazakhs understanding towards Islamic banking concepts, the willingness level of using Islamic banking products and services is high. International Association of Islamic Banks 2013-09-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/32262/1/JIBF-July-Sept_13.16-24.pdf Abduh, Muhamad and Omarov, Daniyar (2013) Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan. Journal of Islamic Banking and Finance, 30 (3). pp. 16-24. ISSN 1814-8042
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	BP173.75 Islam and economics HG1501 Banking
spellingShingle	BP173.75 Islam and economics HG1501 Banking Abduh, Muhamad Omarov, Daniyar Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan
description	Islamic banking was an abstract concept until the first half of the twentieth century. In Kazakhstan, it has been only three years since the first Islamic bank made its debut. Islamic banks have to compete with their rival, conventional banks, which have far longer history than Islamic banks. This competition urges Islamic banks to know the awareness and willingness of Muslim in Kazakhstan upon them. The purpose of this research is to examine the level of awareness and willingness of Muslims to patronize Islamic banking in Kazakhstan. Thus, a total number of 300 respondents from different cities of Kazakhstan were collected and descriptive analysis methods were adopted. The results show that more than half of the respondents are aware of Islamic banking in Kazakhstan, but they are not aware of most of the products and services offered by Islamic banks. Interestingly, despite the moderate level of Muslim Kazakhs understanding towards Islamic banking concepts, the willingness level of using Islamic banking products and services is high.
format	Article
author	Abduh, Muhamad Omarov, Daniyar
author_facet	Abduh, Muhamad Omarov, Daniyar
author_sort	Abduh, Muhamad
title	Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan
title_short	Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan
title_full	Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan
title_fullStr	Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan
title_full_unstemmed	Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan
title_sort	muslim’s awareness and willingness to patronize islamic banking in kazakhstan
publisher	International Association of Islamic Banks
publishDate	2013
url	http://irep.iium.edu.my/32262/ http://irep.iium.edu.my/32262/1/JIBF-July-Sept_13.16-24.pdf
first_indexed	2023-09-18T20:46:34Z
last_indexed	2023-09-18T20:46:34Z
_version_	1777409714265522176

Muslim’s awareness and willingness to patronize Islamic banking in Kazakhstan

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