Research Paper sample - Differences between Islamic Financing Methods and Conventional Financing Methods

Differences between Islamic Financing Methods and Conventional Financing Methods Research Paper example
Research Paper
Finance & Accounting
Pages 25 (6275 words)
Download 0
Running Head: finance and accounting Differences between Islamic Financing Methods and Conventional Financing Methods [Name of the Writer] [Name of the Institution] [Name of the Professor] [Course] TABLE OF CONTENTS Abstract 3 Chapter 1.Introduction 4 1.1Significance of the Study 5 1.2 Practical Implication of the Study 5 1.3 Rationale of the Study 6 1.4 Experimental Design 6 Chapter 2.0 Literature Review 7 2.1 Overview of the Study 7 2.2 Mode of Islamic Financing 9 2.3 Literature Underpinning 12 2.4 Conclusion 16 2.5 Motivation 17 2.6 General Intent 18 2.7 Problem Description 18 Chapter 3.0 Research Methodology 19 3.1 Introduction 19 3.2 Research Philosophy 19 3.3 Research Approach 19 3.4 Re…


The role of Islamic and conventional financing methods is of great importance in the economic environment considering different sets of customers having different kinds of needs and demands. The research presents a thorough analysis of the basic difference between Islamic and conventional financing methods through literature analysis and effective research methods. The primary research collected from respondents helped in understanding their views and opinions on Islamic and conventional financing methods. The study also revealed that few respondents are aware of the difference between these two financing methods and often prefer them as per the preference. However, in case of Islamic financing methods, there was a difference of religion attachment that made customers buyers and users of those financing methods. ...
Download paper
Not exactly what you need?

Related papers

LC Financing. Comparison between an Islamic and a conventional bank in Qatar.
It is a financial agreement – a secure mode of payment - between an importer and exporter for goods shipped (Finance). In Wall Street Words, David L. Scott defines a letter of credit as “a promise of payment in the event that certain requirements are met. A letter of credit essentially substitutes the credit of a third party (usually a large bank) for that of a borrower. In the case of…
14 pages (3514 words)
The Similarities and Differences between Ijarah and Leasing
Since the banking crisis around the world, many countries have shifted to an alternate banking system such as the Islamic banking system in which there is a mechanism of sharing profit and loss and using fixed service charges instead of interest charges which eases the pressure on the economy. Some prohibitions and certain guidelines have been drawn by the Shariah law, which makes a clear…
9 pages (2259 words)
Current Issues in Islamic and Finance: Resilience and Stability in the Present System
An exploration of financial research methodology from a comprehensive perspective is necessary in order to develop the most advantageous context by which conclusions can be reached pertaining to this subject. Qualitative case research has a role in the financial fields, qualitative studies as well as quantitative can be understood in terms of a larger framework of research methodology spanning a…
29 pages (7279 words)
Islamic Accounting and Reporting
The time period is also referred to as Ijarah period (Siddiqui, n.d.). The Ijarah contract is based on Islamic principles and has emerged as a popular asset financing concept. This contract is also used for transactions related to employment and hire of services. This contract of Ijarah is a mode of financing which provides customers with short to medium term financing to lease items such as…
7 pages (1757 words)
Financing Organizational Technology
In this ever changing global business scenario, for a company to stay ahead of its competitors, there is a need to think out of the box, think slightly outside of the monetary profit that the company would get, and look objectively at what the company stands to gain or lose from their outsourcing decisions. FINANCING ORGANIZATIONAL TECHNOLOGY IT OUTSOURCING IN TODAY’S WORLD In today’s highly…
4 pages (1004 words)
Financing and Real Investment
The Ryan family of UK started the business with 1 15-seater Bandeirante aircraft and 25 staffs. Within the span of less than 30 years, it has become the best low cost line service provider in entire European market. It is operating in the European market with 8,896 staffs, 272 Boeing 737-800 serving more than 73,553,580 passengers annually. It has achieved tremendous growth in terms of finance,…
4 pages (1004 words)
Differences between Islamic and Conventional Banking
This is seen even in the manner in which their education system is run. They follow the Shariah law in everything they undertake so that the system cannot be corrupt by any foreign or western influence. Conventional banking may not be strict in the monitoring of any religious laws, but they must have a code of conduct to guarantee the smooth operations of the organization. This paper will…
3 pages (753 words)