Employees’ Perceptions about Islamic Banking and its Growth Potential in Pakistan
Burhan Ali Shah, Ghulam Shabbir Khan Niazi, Abdul Majid
Abstract
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Burhan Ali Shah, Ghulam Shabbir Khan Niazi, Abdul Majid
Abstract
Open-access reader
This paper investigates the perceptions of employees in Islamic banks and Islamic branches of conventional banks regarding practices and growth of Islamic banking in Pakistan.For this purpose, questionnaires were distributed to employees working in these banks.The results reveal that bankers in Islamic banks perceive that Islamic banking is in accordance with Shari'ah and Islamic principles.They hold positive perceptions regarding the practices, objectives and growth of Islamic banking and believe that banks and government are committed towards the development of Islamic banking in the country.Results also show that bankers are confident that Islamic banking will grow and expand in the country in future.The study suggests that the issue of availability of well-trained and skilled employees must be addressed by government and stakeholders for the sustainable growth of Islamic banking in Pakistan.
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This paper investigates the perceptions of employees in Islamic banks and Islamic branches of conventional banks regarding practices and growth of Islamic banking in Pakistan.For this purpose, questionnaires were distributed to employees working in these banks.The results reveal that bankers in Islamic banks perceive that Islamic banking is in accordance with Shari'ah and Islamic principles.They hold positive perceptions regarding the practices, objectives and growth of Islamic banking and believe that banks and government are committed towards the development of Islamic banking in the country.Results also show that bankers are confident that Islamic banking will grow and expand in the country in future.The study suggests that the issue of availability of well-trained and skilled employees must be addressed by government and stakeholders for the sustainable growth of Islamic banking in Pakistan.
Key concepts: Islamic banking, Islam, Business, Perception, Psychology, Geography, Neuroscience, Archaeology