The role of religion in Islamic bank patronizing behavior: a survey in Mauritius

Abduh, Muhamad and Ramjaun, Shaheen (2015) The role of religion in Islamic bank patronizing behavior: a survey in Mauritius. Journal of Islamic Banking and Finance, 32 (1). pp. 70-76. ISSN 1814-8042

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Abstract

Islamic banking in Mauritius is a very new industry introduced only in late 2007. Mauritius is a secular country with mostly people from Hinduism faith and only around twenty percent are Muslims. In such an environment, Islamic bankers would need to know whether the Mauritian population is willing to accept this new form of banking. This study attempts to investigate the willingness of the people of Mauritius to patronize Islamic banking and whether religion plays a significant role upon this issue. A survey was conducted and a logistic regression was carried out. The results show that Muslims are more willing to choose Islamic banking as an alternative. Interestingly, respondents perceived that Islamic banking is meant for everyone and not only for people of Islamic faith and these respondents have a higher likelihood to patronize Islamic banking than those who perceived otherwise.

Item Type:	Article (Journal)
Additional Information:	6777/42584
Uncontrolled Keywords:	Islamic banking, Mauritius, religion, patronize behavior
Subjects:	B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > BP1 Islam > BP173.75 Islam and economics H Social Sciences > HG Finance > HG1501 Banking
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr Muhamad Abduh
Date Deposited:	11 May 2015 08:47
Last Modified:	08 Aug 2017 14:19
URI:	http://irep.iium.edu.my/id/eprint/42584

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