Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob

Islamic banking is an abstract concept until the first half of the twentieth century. In Malaysia, it has been almost three decades when the first Islamic bank makes its debut. Islamic banks have to compete with its rival, conventional banks which have longer history than Islamic banks. For this com...

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Bibliographic Details
Main Author:	Mohd Ayob, Fuad Rahady
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2014
Subjects:	Acceptances Finance, Islamic
Online Access:	http://ir.uitm.edu.my/id/eprint/24946/ http://ir.uitm.edu.my/id/eprint/24946/1/PPb_FUAD%20RAHADY%20MOHD%20AYOB%20M%20BM%2014_5.pdf

id	uitm-24946
recordtype	eprints
spelling	uitm-249462019-08-26T07:16:08Z http://ir.uitm.edu.my/id/eprint/24946/ Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob Mohd Ayob, Fuad Rahady Acceptances Finance, Islamic Islamic banking is an abstract concept until the first half of the twentieth century. In Malaysia, it has been almost three decades when the first Islamic bank makes its debut. Islamic banks have to compete with its rival, conventional banks which have longer history than Islamic banks. For this competition, Islamic banks have to know reaction of Malaysians towards it. Islamic banks not only available for Muslims, but it also available for non-Muslims as well. In Malaysia, 40% of the population is non- Muslims and hence non-Muslims market is equally important to Islamic banks. The purpose of this research is to examine the reaction of non-Muslims in Malaysia of Islamic Banking products and services. A total of 280 respondents from different cities in Malaysia are selected for the purpose of this study. For the analysis, Pearson Correlation Coefficient was adopted to analyse the results. The results show that more than half of the respondents are aware of the Islamic banking in Malaysia but they do not aware of most of the products and services offered by Islamic banks. Non-Muslims understanding level towards Islamic bank concepts are at average level but they do not understand most of the Arabic terms. The perceptions of non-Muslims towards Islamic banks are varied among themselves. This study also provides theoretical and managerial implications for the Islamic bankers to attract non-Muslims customers and recommendations for future research in Islamic Banking. Faculty of Business and Management 2014 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/24946/1/PPb_FUAD%20RAHADY%20MOHD%20AYOB%20M%20BM%2014_5.pdf Mohd Ayob, Fuad Rahady (2014) Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Acceptances Finance, Islamic
spellingShingle	Acceptances Finance, Islamic Mohd Ayob, Fuad Rahady Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob
description	Islamic banking is an abstract concept until the first half of the twentieth century. In Malaysia, it has been almost three decades when the first Islamic bank makes its debut. Islamic banks have to compete with its rival, conventional banks which have longer history than Islamic banks. For this competition, Islamic banks have to know reaction of Malaysians towards it. Islamic banks not only available for Muslims, but it also available for non-Muslims as well. In Malaysia, 40% of the population is non- Muslims and hence non-Muslims market is equally important to Islamic banks. The purpose of this research is to examine the reaction of non-Muslims in Malaysia of Islamic Banking products and services. A total of 280 respondents from different cities in Malaysia are selected for the purpose of this study. For the analysis, Pearson Correlation Coefficient was adopted to analyse the results. The results show that more than half of the respondents are aware of the Islamic banking in Malaysia but they do not aware of most of the products and services offered by Islamic banks. Non-Muslims understanding level towards Islamic bank concepts are at average level but they do not understand most of the Arabic terms. The perceptions of non-Muslims towards Islamic banks are varied among themselves. This study also provides theoretical and managerial implications for the Islamic bankers to attract non-Muslims customers and recommendations for future research in Islamic Banking.
format	Student Project
author	Mohd Ayob, Fuad Rahady
author_facet	Mohd Ayob, Fuad Rahady
author_sort	Mohd Ayob, Fuad Rahady
title	Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob
title_short	Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob
title_full	Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob
title_fullStr	Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob
title_full_unstemmed	Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob
title_sort	non-muslim reaction towards islamic banking / fuad rahady mohd ayob
publisher	Faculty of Business and Management
publishDate	2014
url	http://ir.uitm.edu.my/id/eprint/24946/ http://ir.uitm.edu.my/id/eprint/24946/1/PPb_FUAD%20RAHADY%20MOHD%20AYOB%20M%20BM%2014_5.pdf
first_indexed	2023-09-18T23:13:43Z
last_indexed	2023-09-18T23:13:43Z
_version_	1777418972050751488

Non-Muslim reaction towards Islamic banking / Fuad Rahady Mohd Ayob

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