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Exploring Customer Awareness and Experience in Banks. A Case Study of UK Commercial vs Islamic Bank Read chapter Read first chapter

2023 | OriginalPaper | Chapter

The Extent of Kuwaiti Islamic Banks Restrict to the Use of Islamic Financing Tools in Their Financial Operations: A Field Study

Authors : Osama Al-Rashidi, Habeebullah Zakariyah, Ashurov Sharofiddin, Azman Mohd Noor

Published in: Innovation of Businesses, and Digitalization during Covid-19 Pandemic

Publisher: Springer International Publishing

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Abstract

This research aims to identify the extent of Kuwaiti Islamic banks adhere to the use of Islamic financing tools in their financial operations. The study population consists of all (5) banks listed on the Kuwait Stock Exchange. As for the study sample, (100) respondents were selected from Financial managers, accountants and workers in finance and investment departments work in these banks. The questionnaire was used as a tool for collecting primary data. The results showed that Kuwaiti Islamic banks adhere to the use of Islamic financing tools represented in Murabaha, Musharaka and Mudaraba in their financial operations to a high degree. The study recommended that Kuwaiti Islamic banks should be encouraged to play a more role in Murabaha operations and find appropriate solutions to technical obstacles and culture-related procedures that prevent the provision of Islamic financing through Murabaha.

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Metadata
Title
The Extent of Kuwaiti Islamic Banks Restrict to the Use of Islamic Financing Tools in Their Financial Operations: A Field Study
Authors
Osama Al-Rashidi
Habeebullah Zakariyah
Ashurov Sharofiddin
Azman Mohd Noor
Copyright Year
2023
Book
Innovation of Businesses, and Digitalization during Covid-19 Pandemic

Print ISBN: 978-3-031-08089-0

Electronic ISBN: 978-3-031-08090-6

Copyright Year: 2023

DOI
https://doi.org/10.1007/978-3-031-08090-6_7

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