IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/22161_6.html
   My bibliography  Save this book chapter

Islamic finance and the demand for Islamic home financing solutions within the Dutch Islamic consumer segment

In: Islamic Finance in Eurasia

Author

Listed:
  • Erik Lesterhuis
  • Aishath Muneeza
  • M. Kabir Hassan

Abstract

Even though the Dutch Muslim community of approximately one million people have been going through a socio-economic development for the last few decades, house ownership within this community has still been significantly low compared to other Dutch citizens belonging to other religions. The absence of Islamic financial solutions in the Netherlands is one of the major reasons behind this phenomenon. Islamic financial offerings have started to emerge in Western Europe, but it has not reached the Netherlands and as such, Muslims in the Netherlands are unable to have an Islamic solution to obtain financing facilities to own homes. There is need to conduct a study to find out the demand of the Muslim population of the Netherlands on Islamic finance. This study delineates the stance of the Dutch Muslim community towards Islamic finance in terms of their understanding of its concept, their level of acceptance towards conventional financing and finally their preference for either Islamic home-financing solutions, conventional mortgages or property renting.

Suggested Citation

  • Erik Lesterhuis & Aishath Muneeza & M. Kabir Hassan, 2024. "Islamic finance and the demand for Islamic home financing solutions within the Dutch Islamic consumer segment," Chapters, in: M. K. Hassan & Paolo Biancone & Aishath Muneeza (ed.), Islamic Finance in Eurasia, chapter 6, pages 130-150, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22161_6
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/doi/10.4337/9781035308705.00015
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:22161_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.