Perception of Non-Muslim Religious Leaders to Islamic Financial Institutions

DOI

10.2991/assehr.k.200529.188How to use a DOI?

Keywords

perception, religious leaders, Islamic financial institutions

Abstract

Islamic Financial Institutions have emerged using Islamic values as the basis for institutional development. Meanwhile, the existence of faith-based institutions both for social purposes and profits is often seen as an exclusive institution and is considered a threat to followers of other religions. This study aims to determine the perception of religious leaders about the existence of Islamic financial institutions. This research uses descriptive exploration method through interviews with religious leaders (Christian, Catholic, Hindu, Buddhist and Confucian) related to their knowledge and perceptions about Islamic financial institutions. The results showed that in general the non-Muslim community knows about Islamic financial institutions, but 40% held that Islamic financial institutions were institutions that were only intended for Muslims (exclusive institutions). the type of institution known by the majority of religious leaders is only an Islamic bank and its institutional form is the same as a savings and credit cooperative or conventional bank. Although considered an exclusive financial institution, Islamic financial institutions are not considered a theological threat to other religious communities. The results showed that socialization efforts regarding the existence of Islamic financial institutions to the religious community were still needed so that the actualization of the concept of Islam through inclusive financial institutions could be realized.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Eko Kurniasih Pratiwi
AU  - Fahmi Medias
AU  - Nasitotul Janah
PY  - 2020
DA  - 2020/05/04
TI  - Perception of Non-Muslim Religious Leaders to Islamic Financial Institutions
BT  - Proceedings of the 1st Borobudur International Symposium on Humanities, Economics and Social Sciences (BIS-HESS 2019)
PB  - Atlantis Press
SP  - 893
EP  - 896
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200529.188
DO  - 10.2991/assehr.k.200529.188
ID  - Pratiwi2020
ER  -