Abstract
his paper analyzes the issue of the nature of demand for house
financing offered by Islamic banks in the Pakistan. The paper also
identifies the factors that impact demand for house financing offered
by Islamic banks. The study used survey data based on convenient face to
face interview of 243 respondents. The study regressed conventional demand
for Islamic house financing on six regressors: Shariah compliance,
convenience, bank features, product features, social influence and
knowledge. The study reveals that the nature of demand for Islamic house
financing is conventional. The results of the study also indicate that religious
factor negatively affect the demand for Islamic house financing whereas all
other factors affect it positively. The study will help managers of Islamic
banks to increase their market share in house financing by focusing on those
factors which significantly affect the demand for their product.
Muhammad Mansoor Javed, Muhammad Mahmmod Shah Khan, Haris Aslam. (2015) Islamic House Financing in Pakistan: A Demand Analysis, Islamic Banking and Finance Review, Volume 2, Issue 1.
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