Islamic Banking.

Problem/Objective

The objective of this research is to identify the attitudes of bank clients toward Muslim banking and to regularise the factors that will encourage or limit the growth of Islamic banking in the access five years.

Importance of Problem

In the decade of the 1990s, a modification of changes took place in the Middle East. To start with, the technological transition that swept the valet de chambre during this period had a very operative impact on financial markets, both in world financial markets and in the region, and also allowing for many non-traditional forms of financial institutions and function to evolve. In addition to this, the period at the end of the 1990s, and in particular following the events of September 11, witnessed the emergence strength of Islamic work let on on business and finance in the Middle East, especially as many Arab and Muslim investors started to pull their funds out of American and other western banks and institutions to invest them at home. more(prenominal) importantly, however, Islamic banks are on the rise today because the growing body of research that shows Islamic banking to be as competitive, hypnotic and profitable as conventional banking if not more.



In the coming few years, millions of Muslims will be searching for Islamic banks and banking serve to process and invest their money in line with the Islamic sharia, especially that non-traditional banks are not capable to satisfy such a need as these conventional banks are ground on the concept of interest which is prohibited by Islam.

Research, is hence needed in order to identify the strengths and weaknesses of Islamic banks to mate the demand of Muslim depositors, investors and businesses according to the rules of Islamic Sharia. It is also undeniable to know the perceptions, expectations and attitudes of potential or existing clients to...

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