Islamic banks’ need to reorient operations | GulfNews.com

Islamic banks’ need to reorient operations | GulfNews.com:

"Islamic banks have to not just take on and resolve the challenges they face but also reorient themselves in the way they do business to enter into the next cycle of growth and become mature.
That was the view of a group of banking chief executives during a debate on Islamic Finance: Banking on emotions or merit at the first Global Islamic Economy Summit 2013 in Dubai on Wednesday.
In a Brunswick Insight Survey 2013 conducted on behalf of Abu Dhabi Islamic Bank’s 1,000 customers to gauge their attitudes towards Islamic banking, it was found that only 12 per cent to 20 per cent want to do business with Islamic banking, 60 per cent to 80 per cent are indifferent between Islamic banking and conventional banking and between 10 per cent and 20 per cent do not want to do business with Islamic banking."

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