The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed

The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed

The policy makers have recognized that finance is a powerful instrument to achieve economic and social objectives, and have channeled funds to finance investment in priority sectors. The evidence shows that the rural and urban economy still relies on pawnshop credit. This research is carried out in...

Full description

Saved in:
Bibliographic Details
Main Author: Mohamed, Mazura
Format: Thesis
Language:English
Published: 2001
Subjects:
Banking
Online Access:https://ir.uitm.edu.my/id/eprint/65964/2/65964.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-uitm-ir.65964
record_format uketd_dc
spelling my-uitm-ir.659642022-10-25T02:34:14Z The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed 2001 Mohamed, Mazura Banking Finance, Islamic The policy makers have recognized that finance is a powerful instrument to achieve economic and social objectives, and have channeled funds to finance investment in priority sectors. The evidence shows that the rural and urban economy still relies on pawnshop credit. This research is carried out in order to determine the acceptance of customers toward the product and service. The product mentioned is Islamic pawn, offered by Ar-Rahnu Bank Rakyat. The bank offer their product in order to fulfill the customers need. Thus the pawnshop was established consistently with lslamic regulation. The operation of Ar- Rahnu scheme will be discussed in detail in order to conform and proved to the customers that the business transaction are free from usury and give priority to the customer's welfare. The differences between Islamic pawnshop and convetional pawnshop will be discussed thoroughly to expose the customers that econventional pawnshop implement the practice of repression, deception and exploiting them for the purpose of making profit. Generally, Bank Rakyat through Ar-Rahnu scheme is able to show their consideration and systematic operation to the customers. Since the scheme are developing a permanent financial linkage for the society, they will strive to improve their services in order to compete with conventional pawnshop. 2001 Thesis https://ir.uitm.edu.my/id/eprint/65964/ https://ir.uitm.edu.my/id/eprint/65964/2/65964.pdf text en public degree Universiti Teknologi MARA, Kelantan Faculty of Business and Management Awang, Zainudin
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Awang, Zainudin
topic Banking
Banking
spellingShingle Banking
Banking
Mohamed, Mazura
The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed
description The policy makers have recognized that finance is a powerful instrument to achieve economic and social objectives, and have channeled funds to finance investment in priority sectors. The evidence shows that the rural and urban economy still relies on pawnshop credit. This research is carried out in order to determine the acceptance of customers toward the product and service. The product mentioned is Islamic pawn, offered by Ar-Rahnu Bank Rakyat. The bank offer their product in order to fulfill the customers need. Thus the pawnshop was established consistently with lslamic regulation. The operation of Ar- Rahnu scheme will be discussed in detail in order to conform and proved to the customers that the business transaction are free from usury and give priority to the customer's welfare. The differences between Islamic pawnshop and convetional pawnshop will be discussed thoroughly to expose the customers that econventional pawnshop implement the practice of repression, deception and exploiting them for the purpose of making profit. Generally, Bank Rakyat through Ar-Rahnu scheme is able to show their consideration and systematic operation to the customers. Since the scheme are developing a permanent financial linkage for the society, they will strive to improve their services in order to compete with conventional pawnshop.
format Thesis
qualification_level Bachelor degree
author Mohamed, Mazura
author_facet Mohamed, Mazura
author_sort Mohamed, Mazura
title The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed
title_short The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed
title_full The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed
title_fullStr The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed
title_full_unstemmed The comparative study between Islamic pawnshop (Ar-Rahnu) and its conventional counterpart: a case study in Kota Bharu Kelantan / Mazura Mohamed
title_sort comparative study between islamic pawnshop (ar-rahnu) and its conventional counterpart: a case study in kota bharu kelantan / mazura mohamed
granting_institution Universiti Teknologi MARA, Kelantan
granting_department Faculty of Business and Management
publishDate 2001
url https://ir.uitm.edu.my/id/eprint/65964/2/65964.pdf
_version_ 1783735589873385472

Similar Items