Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri

The present paper aims to assess the Islamic products potential demand for entrepreneurs in the Tunisian Northwest region. In order to do so, we developed a questionnaire which was sent to these entrepreneurs. The survey results show that the latter perceive Islamic Finance as a seductive phenomenon...

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Main Authors: Ammar Ayachi, Rym, Saidane, Dhafer, Mansouri, Fayçal
Format: Article
Language:English
Published: Faculty of Business and management, Universiti Teknologi MARA Selangor, Puncak Alam Campus 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/19366/
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author Ammar Ayachi, Rym
Saidane, Dhafer
Mansouri, Fayçal
author_facet Ammar Ayachi, Rym
Saidane, Dhafer
Mansouri, Fayçal
author_sort Ammar Ayachi, Rym
building UiTM Institutional Repository
collection Online Access
description The present paper aims to assess the Islamic products potential demand for entrepreneurs in the Tunisian Northwest region. In order to do so, we developed a questionnaire which was sent to these entrepreneurs. The survey results show that the latter perceive Islamic Finance as a seductive phenomenon. However, its development appears to be difficult. Indeed, according to the survey results, the lack of knowledge may impede the expansion of Islamic banking in Tunisia. Moreover, the following factors:, cost, religious conviction, proximity, flexibility and satisfaction of the needs, may affect the entrepreneurs' choice to deal with Islamic financial institution. In addition, the lack of entrepreneurs' confidence with regard to the compliance of Islamic banking with the Shariah principles has a negative effect on Islamic finance development in the Tunisian Northwest, region. For this reason, Tunisian Islamic banks should put more effort to reinforce their competitiveness.
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spelling uitm-193662018-03-07T04:08:02Z https://ir.uitm.edu.my/id/eprint/19366/ Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri jeeir Ammar Ayachi, Rym Saidane, Dhafer Mansouri, Fayçal Financial management. Business finance. Corporation finance Finance, Islamic The present paper aims to assess the Islamic products potential demand for entrepreneurs in the Tunisian Northwest region. In order to do so, we developed a questionnaire which was sent to these entrepreneurs. The survey results show that the latter perceive Islamic Finance as a seductive phenomenon. However, its development appears to be difficult. Indeed, according to the survey results, the lack of knowledge may impede the expansion of Islamic banking in Tunisia. Moreover, the following factors:, cost, religious conviction, proximity, flexibility and satisfaction of the needs, may affect the entrepreneurs' choice to deal with Islamic financial institution. In addition, the lack of entrepreneurs' confidence with regard to the compliance of Islamic banking with the Shariah principles has a negative effect on Islamic finance development in the Tunisian Northwest, region. For this reason, Tunisian Islamic banks should put more effort to reinforce their competitiveness. Faculty of Business and management, Universiti Teknologi MARA Selangor, Puncak Alam Campus 2017-05 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/19366/7/AJ_RYM%20AMMAR%20AYACHI%20JEEIR%20B%2017.pdf Ammar Ayachi, Rym and Saidane, Dhafer and Mansouri, Fayçal (2017) Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri. (2017) Journal of Emerging Economies and Islamic Research (JEEIR) <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_and_Islamic_Research_=28JEEIR=29.html>, 5 (2). pp. 1-15. ISSN 2289-2559 https://journal.uitm.edu.my/ojs/index.php/JEEIR/
spellingShingle Financial management. Business finance. Corporation finance
Finance, Islamic
Ammar Ayachi, Rym
Saidane, Dhafer
Mansouri, Fayçal
Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri
title Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri
title_full Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri
title_fullStr Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri
title_full_unstemmed Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri
title_short Potential of Islamic finance : a survey of Tunisian Northwest companies / Rym Ammar Ayachi, Dhafer Saidane and Fayçal Mansouri
title_sort potential of islamic finance : a survey of tunisian northwest companies / rym ammar ayachi, dhafer saidane and fayçal mansouri
topic Financial management. Business finance. Corporation finance
Finance, Islamic
url https://ir.uitm.edu.my/id/eprint/19366/
https://ir.uitm.edu.my/id/eprint/19366/