What’s in it for me ? : profiling opportunity seeking customers in Malaysian Islamic banking sector
Joint Authors
Ismail, Abd al-Ghaffar B.
Seck, Uthmani
Source
Issue
Vol. 25, Issue 3 (31 Jan. 2018), pp.45-59, 15 p.
Publisher
Islamic Development Bank (IDB) Islamic Research and Training Institute (IRTI)
Publication Date
2018-01-31
Country of Publication
Saudi Arabia
No. of Pages
15
Main Subjects
Economics & Business Administration (Multidisciplinary)
Abstract EN
This paper aims at analyzing the preferences of Malaysian bank customers with a focus on identifying characteristics of the opportunity seekers, those who only consider the economic benefit of the product offered.
We also look at the determinants of consumers preferences for financial products used for resource mobilization, and for financing of business start-ups.
Starting from an innovative methodology of identifying opportunity seekers as clients with inconsistency in their preferences, we apply asymptotic statistical methods for estimation, comparison of binomial proportions and with multinomial discrete choice on a survey of 1858 retail consumers.
We find that although Muslims are more likely to choose Islamic banks, they are also the most likely customers to be economic value seekers.
In addition, our findings support that the growth of Islamic banks in Malaysia is conditional on their ability to attract high-income earners.
American Psychological Association (APA)
Seck, Uthmani& Ismail, Abd al-Ghaffar B.. 2018. What’s in it for me ? : profiling opportunity seeking customers in Malaysian Islamic banking sector. Islamic Economic Studies،Vol. 25, no. 3, pp.45-59.
https://search.emarefa.net/detail/BIM-834570
Modern Language Association (MLA)
Seck, Uthmani& Ismail, Abd al-Ghaffar B.. What’s in it for me ? : profiling opportunity seeking customers in Malaysian Islamic banking sector. Islamic Economic Studies Vol. 25, no. 3 (Jan. 2018), pp.45-59.
https://search.emarefa.net/detail/BIM-834570
American Medical Association (AMA)
Seck, Uthmani& Ismail, Abd al-Ghaffar B.. What’s in it for me ? : profiling opportunity seeking customers in Malaysian Islamic banking sector. Islamic Economic Studies. 2018. Vol. 25, no. 3, pp.45-59.
https://search.emarefa.net/detail/BIM-834570
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 58-59
Record ID
BIM-834570