Current state and future prospects of Islamic banking in Morocco: An empirical investigation

Authors

  • Hassanuddeen Abd. Aziz Effat University, Jeddah 22332, Saudi Arabia & International Islamic University Malaysia, Jalan Gombak, Kuala Lumpur, 53100, Malaysia
  • Abdelghani Echchabi Effat University, Jeddah 22332, Saudi Arabia
  • Abdullah Mohammed Ayedh Islamic Science University of Malaysia, Bandar Baru Nilai, 71800 Nilai, Negeri Sembilan, Malaysia
  • Dhekra Azouzi El-Manar University, El-Manar 1, Tunisia
  • Osman Sayid Hassan Musse Islamic Science University of Malaysia, Bandar Baru Nilai, 71800 Nilai, Negeri Sembilan, Malaysia
  • Chaabane Oussama Houssem Eddine International Islamic University Malaysia, Jalan Gombak, Kuala Lumpur, 53100, Malaysia

DOI:

https://doi.org/10.24191/jeeir.v3i2.6403

Keywords:

Murabahah, Musharakah, Ijarah, Morocco, Islamic Banking

Abstract

The purpose of the study is to review the current state of Islamic banking in Morocco, and to investigate the factors that influence the adoption of Islamic banking services in the country. Accordingly, a survey was conducted covering 400 respondents from most of the Moroccan regions, and data analysis was based on linear regression. The findings revealed that the main factors that influence the decision of the Moroccan customers to adopt Islamic banking services are relative advantage, compatibility and social influence. Furthermore, the findings revealed that the progress of Islamic banking in Morocco is faced by multiple legal and regulatory challenges.

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Published

2015-05-31

How to Cite

Abd. Aziz, H. ., Echchabi, A., Mohammed Ayedh, A., Azouzi, D. ., Musse, O. S. H. ., & Eddine, C. O. H. . (2015). Current state and future prospects of Islamic banking in Morocco: An empirical investigation . Journal of Emerging Economies and Islamic Research, 3(2), 18–27. https://doi.org/10.24191/jeeir.v3i2.6403