Islamic banking adoption in Ghana

This study explores Islamic banking adoption in Ghana by examining the awareness, perceived importance and potential challenges of Islamic banking. It uses a qualitative research approach to gain insight about the perceptions of bank customers towards Islamic banking. A sample of eight respondents w...

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Bibliographic Details
Main Authors: Abdul Razak, Dzuljastri, Abdul Wahab, Abdul Hamid
Format: Conference or Workshop Item
Language:English
English
Published: 2019
Subjects:
Online Access:http://irep.iium.edu.my/74436/1/Ghana%20KLIBEL_19__059_066_pK5p1uFm6p.pdf
http://irep.iium.edu.my/74436/7/Ghana-%2020190826112537549.pdf
http://irep.iium.edu.my/74436/
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Summary:This study explores Islamic banking adoption in Ghana by examining the awareness, perceived importance and potential challenges of Islamic banking. It uses a qualitative research approach to gain insight about the perceptions of bank customers towards Islamic banking. A sample of eight respondents were interview. The findings suggested that awareness of Islamic banking is very low among Ghanaians though the perceived importance of Islamic banking is noteworthy. Furthermore, it discovers potential challenges of Islamic banking including competition with conventional banks and reluctance of non-Muslims to patronise Islamic banking.