An analysis of derived benefit from saving account: An Islamic perspective

Banking industry in its attempt to attract more customers, hence capital offer various forms of benefits. These benefits basically take two form; direct and indirect. The first type of benefits are represented by provision of dividend to depositors whereas, the second type of benefits are represen...

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Main Authors: Ahmad, Shofian, Laluddin, Hayatullah, Ahmad, Md. Yazid
Format: Article
Language:English
Published: Medwell Publishing 2012
Subjects:
Online Access:http://irep.iium.edu.my/40414/
http://irep.iium.edu.my/40414/4/440-445.pdf
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author Ahmad, Shofian
Laluddin, Hayatullah
Ahmad, Md. Yazid
author_facet Ahmad, Shofian
Laluddin, Hayatullah
Ahmad, Md. Yazid
author_sort Ahmad, Shofian
building IIUM Repository
collection Online Access
description Banking industry in its attempt to attract more customers, hence capital offer various forms of benefits. These benefits basically take two form; direct and indirect. The first type of benefits are represented by provision of dividend to depositors whereas, the second type of benefits are represented by offering of insurance, sale on discount rate when using the debit card, annual gift and lucky draw. such entitlement is dependent on having saving account in the bank. Without having saving account one would not have access to such facilities and offer. This research focuses mainly on the issue of indirect benefits and their status from Shari'ah perspective. Library research research method is used in this research due to the nature of its subject. The hypothesis of the research revolves around the status of indirect benefits offered by banks from Shari'ah perspective and the distinctive of such benefits offered by Islamic banking. The finding of the research shows that the benefit direct or indirect received by customer in Islamic banking have various features. All theses benefits are received through depositing in the bank.
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spelling iium-404142015-01-27T06:13:43Z http://irep.iium.edu.my/40414/ An analysis of derived benefit from saving account: An Islamic perspective Ahmad, Shofian Laluddin, Hayatullah Ahmad, Md. Yazid HG1501 Banking Banking industry in its attempt to attract more customers, hence capital offer various forms of benefits. These benefits basically take two form; direct and indirect. The first type of benefits are represented by provision of dividend to depositors whereas, the second type of benefits are represented by offering of insurance, sale on discount rate when using the debit card, annual gift and lucky draw. such entitlement is dependent on having saving account in the bank. Without having saving account one would not have access to such facilities and offer. This research focuses mainly on the issue of indirect benefits and their status from Shari'ah perspective. Library research research method is used in this research due to the nature of its subject. The hypothesis of the research revolves around the status of indirect benefits offered by banks from Shari'ah perspective and the distinctive of such benefits offered by Islamic banking. The finding of the research shows that the benefit direct or indirect received by customer in Islamic banking have various features. All theses benefits are received through depositing in the bank. Medwell Publishing 2012 Article PeerReviewed application/pdf en http://irep.iium.edu.my/40414/4/440-445.pdf Ahmad, Shofian and Laluddin, Hayatullah and Ahmad, Md. Yazid (2012) An analysis of derived benefit from saving account: An Islamic perspective. The Social Sciences, 7 (3). pp. 440-445. ISSN 1818-5800 http://medwelljournals.com/abstract/?doi=sscience.2012.440.445 10.3923/sscience.2012.440.445
spellingShingle HG1501 Banking
Ahmad, Shofian
Laluddin, Hayatullah
Ahmad, Md. Yazid
An analysis of derived benefit from saving account: An Islamic perspective
title An analysis of derived benefit from saving account: An Islamic perspective
title_full An analysis of derived benefit from saving account: An Islamic perspective
title_fullStr An analysis of derived benefit from saving account: An Islamic perspective
title_full_unstemmed An analysis of derived benefit from saving account: An Islamic perspective
title_short An analysis of derived benefit from saving account: An Islamic perspective
title_sort analysis of derived benefit from saving account: an islamic perspective
topic HG1501 Banking
url http://irep.iium.edu.my/40414/
http://irep.iium.edu.my/40414/
http://irep.iium.edu.my/40414/
http://irep.iium.edu.my/40414/4/440-445.pdf