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Comparative Study of Islamic Banking Between Malaysia and Pakistan

Kurrum Faisal, Jamal (2006) Comparative Study of Islamic Banking Between Malaysia and Pakistan. Masters thesis, Universiti Utara Malaysia.

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Abstract

This study deals with several objectives and 7 aspects namely promotion, product, preference, knowledge, performance, problem and infrastructure in making comparison on Islamic banking between Pakistan and Malaysia. Two techniques were used to answer the research objectives. Firstly, the qualitative method (questionnaire) and second the quantitative method (analysis of financial statements of the leading banks). The findings of thesis indicate that there are few differences and similarities exist between Malaysia and Pakistan in Islamic banking practices. The lack of awareness of Islamic banking is very high in Pakistan as compared to Malaysia. A few promotions were used by Islamic banks in Pakistan while in Malaysia customers are knowledgeable about Islamic banking because banks promote them aggressively. However there should be continuous and strong support by each government to stimulate Islamic banking system. The study finds that respondents in both countries agree that Islamic banking is a very important part of banking system primarily for religious factor in case of Pakistan and as for Malaysia it serves as an alternative banking system that appeals to both Muslims and non-Muslims. The study provides evidence that there is a vast potential of future growth in Islamic banking in both countries.

Item Type: Thesis (Masters)
Uncontrolled Keywords: Islamic Finance, Banks and Banking, Comparative Study, Malaysia, Pakistan
Subjects: H Social Sciences > HG Finance
Divisions: Faculty and School System > Faculty of Finance and Banking
Depositing User: Ms Rohaida Rohani
Date Deposited: 22 Jun 2010 04:01
Last Modified: 24 Jul 2013 12:13
URI: http://etd.uum.edu.my/id/eprint/1843

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