Muslim Australians in Islamic Banking

College
Research Paper
Miscellaneous
Pages 5 (1255 words)
Download 0
This paper examines the awareness of Muslim Australians of Islamic banking. The research is well documented through out the literature and is divided into sections making it simpler and easily understandable by the reader.
The paper starts off by giving a summary, under the Abstract heading, of what is contained in the paper…

Introduction


In the next section, the author describes his survey. He explains the procedure he undertook that started from the selection of 300 Muslim Australians that included only those who (a) came from a Muslim background, and were practicing Muslims, (b) currently owned a bank account in Australia, (c) were interested in Islamic banking products, and (d) gainfully employed. He then distributed to them a questionnaire consisting of yes and no questions. Based on the answers, he modeled the probability of observing a 1 i.e. a 'yes' answer, as a function of F.
In the subsequent sections, following regression analysis on the data, he tabulated the results obtained into different formations making it very easily interpretable by anybody reading the paper. To further clarify the tabulated data, he extensively analyses the results pointing out important findings from the research and drawing conclusions from it. The last two sections of the research namely, Implications and Conclusions respectively, summarize the results of the paper and include the different view points and misunderstandings of the Muslim Australians with regards to the concept of profit-and-loss sharing Islamic banking products.
This is an excellent ...
Download paper
Not exactly what you need?

Related papers

Islamic Teachings
Islam being a diverse religious, has crossed many cultural boundaries where people of various regions have been influenced by its doctrines and rituals and have adapted it to their specific contexts (Bassiri, 1997, p. 43). Islam, is a religion of peace that promotes equality and justice to humanity, and unlike what it is perceived in many cultures as 'a religion of spirituality', Islam has no room…
Muslim Society
In this reference I conducted an interview of a person who is a part of a different culture. The main reasons were to study the different characteristics that a person possesses and the things he or she acquires while growing up in a different culture. I would not disclose the name of the person that I interviewed due to his request but would like to mention the culture where he comes from. The…
Islamic Studies
I t is consisted of everything that the prophet has spoken of, his decisions on important matters, his opinions and his answers to the queries and doubts raised by his followers and believers. The Hadiths literature which consists of the narrations of the life of the prophet also has played major role in the shaping of Islamic faith. The fact that the Hadith were recorded after the death of the…
Muslim Australians in Islamic Banking
In the next section, the author describes his survey. He explains the procedure he undertook that started from the selection of 300 Muslim Australians that included only those who (a) came from a Muslim background, and were practicing Muslims, (b) currently owned a bank account in Australia, (c) were interested in Islamic banking products, and (d) gainfully employed. He then distributed to them a…
Islamic History
Islam had come upon the world scene in the seventh century in connection with the explosion of Arabic-speaking, horse mounted warriors out of the Arabian desert under …
Islamic Art
The wealth and material opulence enjoyed by Fatimid Egypt and Syria during this epoch are also reflected in the magnificence of the art. The Fatimids palpably had a taste for scrupulously made-up gold work and intricately engraved vessels of rock crystal, a type of transparent, colorless quartz whose surface can be brilliantly burnished.…
banking
Not only the internal rating, but also the governance and the quality of risk management will be a major factor in being able to use internal ratings as a basis for calculating regulatory capital requirements.…