Conventional and Islamic banking: perspectives from Malaysian Islamic bank managers. (24th March 2015)

• Record Type: Journal Article
• Authors: Rod, Michel; ALHussan, Fawaz Baddar; Beal, Tim
• Is Part Of: International journal of Islamic marketing and branding. Volume 1:Number 1(2015)
• Page Start: 36
• Page End: 54
• Publication Date: 2015-03-24
• Subjects: conventional banking -- Islamic banking -- Shariah compliance -- Malaysia -- Islamic finance -- Islam -- literature review; Marketing -- Islamic countries -- Periodicals; Brand name products -- Religious aspects -- Islam -- Periodicals; Consumption (Economics) -- Religious aspects -- Islam -- Periodicals; Islamic countries -- Commerce -- Periodicals; 658.80091767
• Languages: English
• ISSNs: 2055-0944

Abstract

This paper attempts to provide a comprehensive review of the Islamic banking extant literature from a Malaysian perspective. There is no novel theoretical perspective; rather, the contribution that this paper makes is to simply illustrate and summarise the range of research being conducted on Islamic banking in a country known for its 'pioneering' role in growing Islamic banking and financing. Hence, this paper provides a comprehensive review of the Islamic banking literature within the Malaysian context before briefly illustrating perspectives of a number of Islamic banking managers in Malaysia. Three themes emerge from interviews with these managers: 1) factor influencing the choice of Islamic versus conventional banking/products; 2) the influence of the Malaysian context; and 3) the issue of Shariah–compliance.