Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh

Malaysia once replicated Bangladesh’s trail-blazer Grameen Bank to establish its Amanah Ikhtiar model of Islamic banking for the poor. Now, it may also learn some useful things from Bangladesh’s Islamic Green Banking. In this light, this study analysed the bankers’ perceptions of the green banking...

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Main Authors: Mohammad Masukujjaman, Chamhuri Siwar, Mahmud, Md. Reaz, Syed Shah Alam
Format: Article
Language:English
Published: School of Social, Development and Environmental Studies, Faculty of Social Sciences and Humanities, Universiti Kebangsaan Malaysia 2016
Online Access:http://journalarticle.ukm.my/9820/
http://journalarticle.ukm.my/9820/1/13x.geografia-si-feb16-shahalam-edam_%281%29.pdf
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author Mohammad Masukujjaman,
Chamhuri Siwar,
Mahmud, Md. Reaz
Syed Shah Alam,
author_facet Mohammad Masukujjaman,
Chamhuri Siwar,
Mahmud, Md. Reaz
Syed Shah Alam,
author_sort Mohammad Masukujjaman,
building UKM Institutional Repository
collection Online Access
description Malaysia once replicated Bangladesh’s trail-blazer Grameen Bank to establish its Amanah Ikhtiar model of Islamic banking for the poor. Now, it may also learn some useful things from Bangladesh’s Islamic Green Banking. In this light, this study analysed the bankers’ perceptions of the green banking concept, its benefits, its complexities of execution, and its possible relationship with Islamic banking. This is an empirical study of 48 Islamic bankers from 21 branches of seven Islamic banks located in Dhaka, Bangladesh employing structured questionnaires. Data purification and analysis were carried out through a software SPSS version 1; and Henry Garrett’s ranking technique was used to gauge the most influential factors. The analysis revealed that respective bankers perceived green banking as an environmental banking that helped to protect the environment despite its high adoption cost. Also, green banking and Islamic banking were perceived to be compatible and interlinked as Islam supports resource savings, cleanliness, ethics and social responsibility all of which are also the mottos of Green Banking.
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spelling oai:generic.eprints.org:98202016-12-14T06:50:56Z http://journalarticle.ukm.my/9820/ Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh Mohammad Masukujjaman, Chamhuri Siwar, Mahmud, Md. Reaz Syed Shah Alam, Malaysia once replicated Bangladesh’s trail-blazer Grameen Bank to establish its Amanah Ikhtiar model of Islamic banking for the poor. Now, it may also learn some useful things from Bangladesh’s Islamic Green Banking. In this light, this study analysed the bankers’ perceptions of the green banking concept, its benefits, its complexities of execution, and its possible relationship with Islamic banking. This is an empirical study of 48 Islamic bankers from 21 branches of seven Islamic banks located in Dhaka, Bangladesh employing structured questionnaires. Data purification and analysis were carried out through a software SPSS version 1; and Henry Garrett’s ranking technique was used to gauge the most influential factors. The analysis revealed that respective bankers perceived green banking as an environmental banking that helped to protect the environment despite its high adoption cost. Also, green banking and Islamic banking were perceived to be compatible and interlinked as Islam supports resource savings, cleanliness, ethics and social responsibility all of which are also the mottos of Green Banking. School of Social, Development and Environmental Studies, Faculty of Social Sciences and Humanities, Universiti Kebangsaan Malaysia 2016-02 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/9820/1/13x.geografia-si-feb16-shahalam-edam_%281%29.pdf Mohammad Masukujjaman, and Chamhuri Siwar, and Mahmud, Md. Reaz and Syed Shah Alam, (2016) Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh. Geografia : Malaysian Journal of Society and Space, 12 (2). pp. 144-153. ISSN 2180-2491 http://www.ukm.my/geografia/v2/index.php?cont=a&item=2&thn=2016&vol=12&issue=2&ver=loc
spellingShingle Mohammad Masukujjaman,
Chamhuri Siwar,
Mahmud, Md. Reaz
Syed Shah Alam,
Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh
title Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh
title_full Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh
title_fullStr Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh
title_full_unstemmed Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh
title_short Bankers’ perception of Green Banking: learning from the experience of Islamic banks in Bangladesh
title_sort bankers’ perception of green banking: learning from the experience of islamic banks in bangladesh
url http://journalarticle.ukm.my/9820/
http://journalarticle.ukm.my/9820/
http://journalarticle.ukm.my/9820/1/13x.geografia-si-feb16-shahalam-edam_%281%29.pdf