Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya

Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya

The main purpose of this paper is to increase customer perception for Islamic banking products and its awareness in Libya. There has been an urgent requirement of Islamic banking in the Libyan banking system due to economic turbulence and being unable to maintain national finances. Libyan banks have...

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Main Authors: Albashir, Walid Ali, Yuserrie, Zainuddin, Panigrahi, Shrikant
Format: Article
Language:English
Published: Universiti Teknologi Malaysia - IBS 2017
Subjects:
HF Commerce
Online Access:http://umpir.ump.edu.my/id/eprint/19495/
http://umpir.ump.edu.my/id/eprint/19495/
http://umpir.ump.edu.my/id/eprint/19495/1/fim-2017-shrikant-Conceptual%20Framework%20on%20Usage%20of%20Islamic%20Banking.pdf
id ump-19495
recordtype eprints
spelling ump-194952018-08-29T04:42:16Z http://umpir.ump.edu.my/id/eprint/19495/ Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya Albashir, Walid Ali Yuserrie, Zainuddin Panigrahi, Shrikant HF Commerce The main purpose of this paper is to increase customer perception for Islamic banking products and its awareness in Libya. There has been an urgent requirement of Islamic banking in the Libyan banking system due to economic turbulence and being unable to maintain national finances. Libyan banks have already implemented Islamic banking system as an alternative to the conventional system, however, the adoption of Islamic products is not widely accepted by customers. Based on literature done regarding adoption studies, this paper suggests and justifies the applicability of Ajzen’s Theory of Planned Behaviour in Islamic banking adoption. From literature review and conceptual framework, lack of attitude and behaviour of customers on Islamic banking product acceptance is a great challenge for Libyan Islamic banks. Therefore, there is a need for marketing efforts by banks to increase awareness, perception, and intention of Libyan banking customers in relation to Islamic banking. Universiti Teknologi Malaysia - IBS 2017 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/19495/1/fim-2017-shrikant-Conceptual%20Framework%20on%20Usage%20of%20Islamic%20Banking.pdf Albashir, Walid Ali and Yuserrie, Zainuddin and Panigrahi, Shrikant (2017) Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya. International Journal of Innovation and Business Strategy (IJIBS), 7 (1). pp. 10-17. ISSN 2232-044X http://ibs.utm.my/ijibs/issue/vol7-no1/73-conceptual-framework-on-usage-of-islamic-banking-amongst-banking-customers-in-libya
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
topic HF Commerce
spellingShingle HF Commerce
Albashir, Walid Ali
Yuserrie, Zainuddin
Panigrahi, Shrikant
Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya
description The main purpose of this paper is to increase customer perception for Islamic banking products and its awareness in Libya. There has been an urgent requirement of Islamic banking in the Libyan banking system due to economic turbulence and being unable to maintain national finances. Libyan banks have already implemented Islamic banking system as an alternative to the conventional system, however, the adoption of Islamic products is not widely accepted by customers. Based on literature done regarding adoption studies, this paper suggests and justifies the applicability of Ajzen’s Theory of Planned Behaviour in Islamic banking adoption. From literature review and conceptual framework, lack of attitude and behaviour of customers on Islamic banking product acceptance is a great challenge for Libyan Islamic banks. Therefore, there is a need for marketing efforts by banks to increase awareness, perception, and intention of Libyan banking customers in relation to Islamic banking.
format Article
author Albashir, Walid Ali
Yuserrie, Zainuddin
Panigrahi, Shrikant
author_facet Albashir, Walid Ali
Yuserrie, Zainuddin
Panigrahi, Shrikant
author_sort Albashir, Walid Ali
title Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya
title_short Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya
title_full Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya
title_fullStr Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya
title_full_unstemmed Conceptual Framework on Usage of Islamic Banking amongst Banking Customers in Libya
title_sort conceptual framework on usage of islamic banking amongst banking customers in libya
publisher Universiti Teknologi Malaysia - IBS
publishDate 2017
url http://umpir.ump.edu.my/id/eprint/19495/
http://umpir.ump.edu.my/id/eprint/19495/
http://umpir.ump.edu.my/id/eprint/19495/1/fim-2017-shrikant-Conceptual%20Framework%20on%20Usage%20of%20Islamic%20Banking.pdf
first_indexed 2023-09-18T22:27:50Z
last_indexed 2023-09-18T22:27:50Z
_version_ 1777416085626159104

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