| Many Islamic bankers tend to believe that Muslims are using Islamic financial services because such services are offered to them; otherwise (according to them) customers are indifferent between Islamic and conventional products. This thinking may be partially true. It is certainly the case where Islamic banking is either non-existent or is insignificant in magnitude and proportion.
Once Islamic banking gathers a meaningful size (about 10% of the overall banking sector), Muslims choose Islamic banking, even if it happens to be slightly more expensive...............................................Full Article: Source
|