ISLAMIC BANK CONSUMERS IN JAVA - THE HERO, THE DUPE, THE SNOB, OR THE SOCIALLY RESPONSIBLE

Rajiani, Ismi (2012) ISLAMIC BANK CONSUMERS IN JAVA - THE HERO, THE DUPE, THE SNOB, OR THE SOCIALLY RESPONSIBLE. In: WIEF-UiTM Occasional Paper. UiTM, Kuala Lumpur, pp. 46-55.

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Abstract

In the early 2000s, Islamic banking evolved as a new model of Indonesia’s financial institutions. However, in practice, there have been significant differences between countries that have been successful in applying Islamic banking and those that have not. This article is aimed at exploring the applicability of Islamic banking in a particular cultural context. In particular, the study analyses the applicability of Islamic banking in Indonesia, mainly in East Java where most Muslims are found. A cultural theory is presented whereby Islamic banking is depicted as a culturally dependent strategy. The study proposes that the successful implementation of Islamic banking requires complementary between the reform strategies that are adopted and the particular cultural characteristics of the country in which they are implemented.

Item Type: Book Section
Subjects: G Geography. Anthropology. Recreation > GN Anthropology
Divisions: Faculty of Technology Management and Technopreneurship > Department of Technology Management
Depositing User: Dr Ismi Rajiani
Date Deposited: 06 Jan 2013 01:53
Last Modified: 28 May 2015 03:42
URI: http://eprints.utem.edu.my/id/eprint/6461
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