The role of Islamic finance in improving financial inclusion: an exploratory case study of Australian Muslims

Sain, Mohamed Rosli Mohamed and Rahman, Mohammad Mafizur and Khanam, Rasheda (2013) The role of Islamic finance in improving financial inclusion: an exploratory case study of Australian Muslims. In: 20th International Business Research Conference 2013: Research for Progress, 4-5 Apr 2013, Dubai, UAE.

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Abstract

The purpose of the study is to explore the nature and extent of financial exclusion of Muslim community in Australia. Financial exclusion refers to a situation where people do not have access to fair, safe and affordable banking products and services. The study will also investigate whether the introduction of Islamic Finance products and services in Australia will improve the financial inclusion level of Muslim community. The study also will seek to understand the level of awareness of Islamic Finance products and services in Australia. From the literature review undertaken, it appears that there may not be any information available on the level of financial exclusion among the Muslim community in Australia. It is also proven by previous studies that lack of Islamic Financial products and services has been the major factor that contributed to the financial exclusion among the Muslim communities around the world.


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Item Type: Conference or Workshop Item (Commonwealth Reporting Category E) (Paper)
Refereed: Yes
Item Status: Live Archive
Faculty / Department / School: Historic - Faculty of Business and Law - School of Accounting, Economics and Finance
Date Deposited: 06 Aug 2013 02:37
Last Modified: 14 Sep 2014 22:43
Uncontrolled Keywords: Islamic finance; financial inclusion; Australian Muslims
Fields of Research : 15 Commerce, Management, Tourism and Services > 1502 Banking, Finance and Investment > 150203 Financial Institutions (incl. Banking)
22 Philosophy and Religious Studies > 2204 Religion and Religious Studies > 220405 Religion and Society
14 Economics > 1402 Applied Economics > 140207 Financial Economics
Socio-Economic Objective: B Economic Development > 90 Commercial Services and Tourism > 9001 Financial Services > 900101 Finance Services
URI: http://eprints.usq.edu.au/id/eprint/23740

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