Awareness of islamic banking products among muslims: The case of Australia

Rammal, HG; Zurbruegg, R

Awareness of islamic banking products among muslims: The case of Australia

Rammal, HG

Zurbruegg, R

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Publication Type:: Chapter
Citation:: Islamic Finance: Principles, Performance and Prospects, 2016, pp. 141 - 156
Issue Date:: 2016-01-01

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Field	Value	Language
dc.contributor.author	Rammal, HG https://orcid.org/0000-0002-3346-080X	en_US
dc.contributor.author	Zurbruegg, R	en_US
dc.date.available	2020-05-25T19:15:17Z
dc.date.issued	2016-01-01	en_US
dc.identifier.citation	Islamic Finance: Principles, Performance and Prospects, 2016, pp. 141 - 156	en_US
dc.identifier.isbn	9783319309170	en_US
dc.identifier.uri	http://hdl.handle.net/10453/71109
dc.description.abstract	© The Editor(s) (if applicable) and the Author(s) 2016. The concept of interest-free financing was practiced by Arabs prior to the advent of Islam, and was later adopted by Muslims as an acceptable form of trade financing. While the system had been used on a small scale for centuries, its commercial application began in the 1970s.1 Since then Islamic financing has experienced worldwide acceptance, and by early 2003 there were at least 176 Islamic banks around the world, with deposits in excess of $147bn.	en_US
dc.relation.ispartof	Islamic Finance: Principles, Performance and Prospects	en_US
dc.relation.isbasedon	10.1007/978-3-319-30918-7_9	en_US
dc.title	Awareness of islamic banking products among muslims: The case of Australia	en_US
dc.type	Chapter
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
utslib.copyright.status	open_access
pubs.publication-status	Published	en_US

Abstract:

© The Editor(s) (if applicable) and the Author(s) 2016. The concept of interest-free financing was practiced by Arabs prior to the advent of Islam, and was later adopted by Muslims as an acceptable form of trade financing. While the system had been used on a small scale for centuries, its commercial application began in the 1970s.1 Since then Islamic financing has experienced worldwide acceptance, and by early 2003 there were at least 176 Islamic banks around the world, with deposits in excess of $147bn.

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http://hdl.handle.net/10453/71109