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Customers’ Perceptions on the Objectives, Characteristics and Selection Criteria of Islamic Bank in Thailand

Gadjah Mada International Journal of Business

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Title Customers’ Perceptions on the Objectives, Characteristics and Selection Criteria of Islamic Bank in Thailand
 
Creator Lateh, Nasrina
Ismail, Suhaiza
Ariffin, Noraini Mohd
 
Subject characteristics; Islamic bank; selection criteria; Thailand
 
Description Due to relatively new establishment of islamic bank in Thailand and paucity of empirical research undertaken in the area, this study intends to capture the perceptions of Thai customers towards the objectives and characteristics of the islamic bank. In addition, this study aims to determine the important bank selection criteria as perceived by the customers and the differences in the perceptions of moslem and non-moslem customers were identified. The study surveys a sample of 462 respondents. The empirical findings show that the Thai customers know that the essential characteristic of the islamic bank is interest prohibition. They tend to support the idea that the islamic bank should strive to achieve its social objectives more than the commercial objectives. In addition, the results showed that there are differences between the Thai moslem and non-moslem customers’ preferences toward various bank selection criteria. The moslems highly considered the interest-free saving facilities, while the non-moslems tended to concern more about its reputation and image, and knowledgeable and competent personnel.
 
Publisher Master of Management, Faculty of Economics and Business, Universitas Gadjah Mada
 
Date 2009-05-12
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.ugm.ac.id/gamaijb/article/view/5525
10.22146/gamaijb.5525
 
Source Gadjah Mada International Journal of Business; Vol 11, No 2 (2009): May - August; 167 -189
2338-7238
1411-1128
 
Language eng
 
Relation http://journal.ugm.ac.id/gamaijb/article/view/5525/4497