Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad

Islamic banks have been operating like other traditional bank about four decades. They also mobilize deposits and produce loans based on Islamic Law (Shari’ah), which are different from the other conventional or commercial banks. Therefore, Islamic banking differs from conventional banking in severa...

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Bibliographic Details
Main Author: Abd Karim Mohamad, Kahairul
Format: Student Project
Language:English
Published: Faculty of Business and Management 2010
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/25055/
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author Abd Karim Mohamad, Kahairul
author_facet Abd Karim Mohamad, Kahairul
author_sort Abd Karim Mohamad, Kahairul
building UiTM Institutional Repository
collection Online Access
description Islamic banks have been operating like other traditional bank about four decades. They also mobilize deposits and produce loans based on Islamic Law (Shari’ah), which are different from the other conventional or commercial banks. Therefore, Islamic banking differs from conventional banking in several ways, such as the prohibition of transactions based on interest rate and the requirement that bank’s operations be carried out according to certain procedures through the use of certain financial instruments [Abdu lQawi, O. and O. Lynn, 2001.]. However, the Islamic bank can also offer products and services which are similar to those offered by a conventional bank. Generally, we can define the Islamic bank as a non-interest based financial institution which complies fully with Islamic Laws and has creative and progressive financial engineering to offer efficient and competitive banking, investment, trade finance, commercial and real estate financing services [Abdul Qawi, O. and O. Lynn, 2001.].
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spelling uitm-250552019-08-28T01:46:39Z https://ir.uitm.edu.my/id/eprint/25055/ Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad Abd Karim Mohamad, Kahairul Acceptances Personal finance. Financial literacy Finance, Islamic Islamic banks have been operating like other traditional bank about four decades. They also mobilize deposits and produce loans based on Islamic Law (Shari’ah), which are different from the other conventional or commercial banks. Therefore, Islamic banking differs from conventional banking in several ways, such as the prohibition of transactions based on interest rate and the requirement that bank’s operations be carried out according to certain procedures through the use of certain financial instruments [Abdu lQawi, O. and O. Lynn, 2001.]. However, the Islamic bank can also offer products and services which are similar to those offered by a conventional bank. Generally, we can define the Islamic bank as a non-interest based financial institution which complies fully with Islamic Laws and has creative and progressive financial engineering to offer efficient and competitive banking, investment, trade finance, commercial and real estate financing services [Abdul Qawi, O. and O. Lynn, 2001.]. Faculty of Business and Management 2010 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/25055/1/PPb_KAHAIRUL%20ABD%20KARIM%20MOHAMAD%20M%20BM%2010_5.pdf Abd Karim Mohamad, Kahairul (2010) Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad. (2010) [Student Project] <http://terminalib.uitm.edu.my/25055.pdf> (Unpublished)
spellingShingle Acceptances
Personal finance. Financial literacy
Finance, Islamic
Abd Karim Mohamad, Kahairul
Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad
title Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad
title_full Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad
title_fullStr Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad
title_full_unstemmed Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad
title_short Personal finance planning the factors of acceptance of Islamic banking / Kahairul Abd Karim Mohamad
title_sort personal finance planning the factors of acceptance of islamic banking / kahairul abd karim mohamad
topic Acceptances
Personal finance. Financial literacy
Finance, Islamic
url https://ir.uitm.edu.my/id/eprint/25055/