What is it about?
The perception of Islamic finance by its various stakeholders is not always reconcilable, and some perceptions and misconceptions may slow down its progress. We study how bank employees in Cameroon perceive Islamic finance, finding new insights and some novel perceptions (of the target, the Shariah compliance, opportunity, etc. of Islamic finance). For example, Islamic finance is perceived as both inclusive and exclusive, and not only inclusive nor only exclusive as the dichotomy in previous literature suggests. This study is a pioneering effort to understand the perception of Islamic finance in non-Islamic and developing countries where Islamic finance is underdeveloped, like Cameroon.
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Why is it important?
This study mobilises a qualitative approach, provides new insights into the research on the perception of Islamic finance and reaches a consensus on the perception of certain aspects and attributes of Islamic finance, namely, for the perception of the target and the Shariah compliance of Islamic finance. Furthermore, this study is a pioneering effort to understand bank employees’ perception of Islamic finance in non-Islamic and developing countries where Islamic finance is underdeveloped.
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This page is a summary of: Bank employees’ perception of Islamic finance in a non-Islamic developing country: the case of Cameroon, Journal of Islamic Accounting and Business Research, May 2023, Emerald, DOI: 10.1108/jiabr-06-2022-0142.
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