Title: Conventional and Islamic banking: perspectives from Malaysian Islamic bank managers

Authors: Michel Rod; Fawaz Baddar ALHussan; Tim Beal

Addresses: Sprott School of Business, Carleton University, 1125 Colonel By Drive, Ottawa, ON, K1S 5B6, Canada ' IESEG School of Management (LEM UMR CNRS 8179), Université Catholique de Lille, 3 Rue de la Digue, Lille 59000, France ' School of Marketing and International Business, Victoria University of Wellington, P.O. Box 600, Wellington, New Zealand

Abstract: This paper attempts to provide a comprehensive review of the Islamic banking extant literature from a Malaysian perspective. There is no novel theoretical perspective; rather, the contribution that this paper makes is to simply illustrate and summarise the range of research being conducted on Islamic banking in a country known for its 'pioneering' role in growing Islamic banking and financing. Hence, this paper provides a comprehensive review of the Islamic banking literature within the Malaysian context before briefly illustrating perspectives of a number of Islamic banking managers in Malaysia. Three themes emerge from interviews with these managers: 1) factor influencing the choice of Islamic versus conventional banking/products; 2) the influence of the Malaysian context; and 3) the issue of Shariah-compliance.

Keywords: conventional banking; Islamic banking; Shariah compliance; Malaysia; Islamic finance; Islam; literature review.

DOI: 10.1504/IJIMB.2015.068148

International Journal of Islamic Marketing and Branding, 2015 Vol.1 No.1, pp.36 - 54

Received: 06 May 2014
Accepted: 23 Sep 2014

Published online: 16 Mar 2015 *

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