Islamic House Financing in Pakistan: A Demand Analysis
Islamic Banking and Finance Review
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Title |
Islamic House Financing in Pakistan: A Demand Analysis
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Creator |
Muhammad Mansoor Javed
Muhammad Mahmmod Shah Khan Haris Aslam |
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Subject |
House Financing
Islamic Banks Social Influence Shariah Compliance Conventional Demand |
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Description |
his paper analyzes the issue of the nature of demand for house financing offered by Islamic banks in the Pakistan. The paper also identifies the factors that impact demand for house financing offered by Islamic banks. The study used survey data based on convenient face to face interview of 243 respondents. The study regressed conventional demand for Islamic house financing on six regressors: Shariah compliance, convenience, bank features, product features, social influence and knowledge. The study reveals that the nature of demand for Islamic house financing is conventional. The results of the study also indicate that religious factor negatively affect the demand for Islamic house financing whereas all other factors affect it positively. The study will help managers of Islamic banks to increase their market share in house financing by focusing on those factors which significantly affect the demand for their product.
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Publisher |
Department of Banking and Finance, University of Management & Technology, Lahore, Pakistan
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Date |
2015-03-03
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://journals.umt.edu.pk/index.php/IBFR/article/view/165
10.32350/ibfr.2015.02.01 |
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Source |
Islamic Banking and Finance Review; Vol 2 (2015): IBFR 1436H/2015; 01-15
2221-5239 2413-2977 |
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Language |
eng
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Relation |
https://journals.umt.edu.pk/index.php/IBFR/article/view/165/168
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Rights |
Copyright (c) 2015 Islamic Banking and Finance Review (IBFR)
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