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  • How To Attract Peolple To Sharia Banking - Luthfan Abel Alghifary

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    Islamic banking law assignment discusses how to attract more Muslims to Islamic banking in Indonesia. The document states that providing more information about Islamic banking law financial products and creating more beneficial products could draw larger numbers of customers. It also notes three main barriers to the growth of Islamic banking in Indonesia: 1) Sharia banks have more limited capabilities than traditional banks and some markets do not accept Sharia payments; 2) Society views Sharia banks as new compared to traditional banks so they lack reputation; 3) Some Sharia banks are still legally connected to traditional banks though regulations require separation which will take time.

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    How to attract peolple to sharia banking - Luthfan Abel Alghifary

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    Islamic banking law assignment discusses how to attract more Muslims to Islamic banking in Indonesia. The document states that providing more information about Islamic banking law financial products and creating more beneficial products could draw larger numbers of customers. It also notes three main barriers to the growth of Islamic banking in Indonesia: 1) Sharia banks have more limited capabilities than traditional banks and some markets do not accept Sharia payments; 2) Society views Sharia banks as new compared to traditional banks so they lack reputation; 3) Some Sharia banks are still legally connected to traditional banks though regulations require separation which will take time.

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    29 views1 page

    How To Attract Peolple To Sharia Banking - Luthfan Abel Alghifary

    Uploaded by

    Alghifxry
    Islamic banking law assignment discusses how to attract more Muslims to Islamic banking in Indonesia. The document states that providing more information about Islamic banking law financial products and creating more beneficial products could draw larger numbers of customers. It also notes three main barriers to the growth of Islamic banking in Indonesia: 1) Sharia banks have more limited capabilities than traditional banks and some markets do not accept Sharia payments; 2) Society views Sharia banks as new compared to traditional banks so they lack reputation; 3) Some Sharia banks are still legally connected to traditional banks though regulations require separation which will take time.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Luthfan Abel Alghifary – 20410800

    Islamic Banking Law Assignment

    In order muslims can be attracted more is by giving them more information about Islamic banking
    law financial products. Maybe Islamic banking could make a more benefit products so that many will
    attracted more. Because some people preferences are more focused on the benefits of the financial
    products.

    Barriers and Challenge of Islamic Banking In Indonesia:

    1. Sharia Bank's capabilities are still limited compared to traditional banks.There are still some
    markets that do not recognize payments with Sharia Bank.
    2. Society considers Shariah Bank to be a 'new' branded bank compared to traditional banks, so
    Shariah Bank does not have enough reputation or people are too afraid to I can't keep my
    money in a bank that I've recently built integrity with.
    3. There are still some Shariah banks with traditional banks under Shariah legal entities, but
    there are regulations on the obligation to separate these banks, but it will take time to do so.

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