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Employees' Perceptions about Islamic Banking and its Growth Potential in Pakistan

Author

Listed:
  • Burhan Ali Shah

    (Quaid-e-Azam University, Islamamad)

  • Ghulam Shabbir Khan Niazi

    (National Defense University Islamabad)

  • Abdul Majid

    (Quaid-e-Azam University, Islamamad)

Abstract

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

Suggested Citation

  • Burhan Ali Shah & Ghulam Shabbir Khan Niazi & Abdul Majid, 2016. "Employees' Perceptions about Islamic Banking and its Growth Potential in Pakistan," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 8(1), pages 53-76, April.
    • Handle: RePEc:bec:imsber:v:8:y:2016:i:1:p:53-76
    DOI: dx.doi.org/10.22547/BER/8.1.4
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    File URL: http://imsciences.edu.pk/files/journals/vol82/Paper4.pdf
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    References listed on IDEAS

    as
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    3. Burhan Ali Shah & Ghulam Shabbir Khan Niazi, 2009. "Contemporary practices of Islamic banks in Pakistan: a critical appraisal," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 2(3/4), pages 302-316.
    4. Sehrish Rustam & Saiqa Bibi & Khalid Zaman & Adeela Rustam & Zahid-ul-Haq, 2011. "Perceptions of Corporate Customers Towards Islamic Banking Products and Services in Pakistan," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(41), pages 107-123, September.
    5. Abdelghani Echchabi & Oladokun Nafiu Olaniyi, 2012. "Malaysian consumers' preferences for Islamic banking attributes," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 39(11), pages 859-874, September.
    6. Abdulkader Cassim Mahomedy, 2013. "Islamic economics: still in search of an identity," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 40(6), pages 556-578, May.
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    Full references (including those not matched with items on IDEAS)

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