Record Details

Islamic Finance Ethics and Perception of Western Consumers

European Journal of Islamic Finance

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Field Value
 
Title Islamic Finance Ethics and Perception of Western Consumers
 
Creator Alamad, Samir
 
Subject —
 
Description This paper investigates consumers’ perceptions of Islamic finance (IF) in non-Muslim majority markets. Building on research done previously and data from an original survey, the paper carries out a principal descriptive analysis (PDA) to construct the main dimensions on which financial consumer agents diverge. Five key components emerged from the PDA that is interpreted with the help of a survey covering different types of consumers. Furthermore, it explores the perceived association of Islamic financial values with ethical norms in the West. The findings help us understand how IF has been conceptualised by consumers in non-Muslim majority markets. The five components identified shed light on the constructs that have informed the growth of IF as an ethical option in international non-Muslim majority markets. This advocates the view that IF should be characterised by multidimensional drivers in the global financial market, rather than a single component of religious values.  
 
Publisher European Journal of Islamic Finance
European Journal of Islamic Finance
 
Contributor None
 
Date 2017-03-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ojs.unito.it/index.php/EJIF/article/view/1843
10.13135/2421-2172/1843
http://www.ojs.unito.it/index.php/EJIF/article/download/1843/1850
 
Source European Journal of Islamic Finance; No 6 (2017): EJIF - European Journal of Islamic Finance, 6, 2017
European Journal of Islamic Finance; No 6 (2017): EJIF - European Journal of Islamic Finance, 6, 2017
2421-2172
 
Language eng
 
Relation http://www.ojs.unito.it/index.php/EJIF/article/view/1843/1850
 
Rights Copyright (c) 2017 European Journal of Islamic Finance