Table of Content
PROBLEM STATEMENT: 2
RESEARCH OBJECTIVES: 2
SAMPLING DESIGN: 5
RESEARCH DESIGN: 5
EXPLORATORY RESEARCH: 5
CONCLUSIVE RESEARCH: 6
DATA COLLECTION METHOD: 6
DATA ANALYSIS: 6
APPENDEX A 41
This report contains a comprehensive record of our work performed on the research project. It includes detail of all the tasks that we performed in the course of this project. These tasks are presented in this report in a sequence to make it easy for the reader to understand and comprehend the results.
“What are the perceptions of people about Islamic Banking?”
Our research aims to fulfill many purposes. They are listed below:
1. To explore the perception of people regarding Islamic Banking.
2. To find out which Islamic Banks do people know of.
3. To see how many people use Islamic Banking and why.
4. To whether Islamic Banks are working strictly in accordance with Shariah compliances.
H1: Islamic Banks are working strictly according to the Shariah Compliances.
H2: Islamic banking is banking without Riba only.
H3: Islamic banking is conventional banking with a different name only.
H4: People are aware of the basic concepts of Islamic Banking
The above stated hypotheses were developed in order to be tested by survey.
Although, Islamic Banking at very small scale was present in Pakistan at the time of her inception in 1947, but due to having a very small volume of capital, limited areas of operations these banks were vanished from the page of history. According to Wilson RJ, the first attempt to establish an Islamic financial institution was took place in Pakistan in late 1950s with the establishment of a local Islamic bank in rural area. This banking organization...