The paper "Islamic Bankers in Malaysia" is a wonderful example of a research paper on finance and accounting. The research study sought to establish how Islamic bankers in Malaysia felt about the Islamic Bankers’ Perception of Al-Ijarah Thumma Al’ Bay (AITAB) Islamic Hire Purchase Facility. The fact that it sought perceptions, views, and convictions meant that only interaction with the bankers could help collect the data for the study. Other methods of data collection such as observation, surveys, and questionnaires could not collect appropriate data in this case since the entire study largely based on personal perceptions of those who operated Malaysian Islamic banks. These views could better be collected with interviews, giving each respondent a chance to express support and or reservations about the AITAB Islamic Hire Purchase Facility.
The researcher thus relied on a face-to-face interview as the primary data collection method. Further, it was important that the respondents interviewed to be in decision-making positions such that they will have determined the suitability and or unsuitability of AITAB to their banks, based on the banking policies and regulations, the social context, and the AITAB facility itself.
These respondents actually decide which forms of banking to initiate, allow, and support as well as the forms to be disregarded and ignored. The researcher thus settled on the ideal population for the data collection endeavor as the Chief Executive Officers and the top-most management of the Islamic Malaysian banks. Malaysia today boasts of ever-increasing patronage of Islamic banks, with tens of different banks in operation within the nation’ s main urban centers. The Malaysian financial sector has been doing exceptionally well in the last decade, growing at a massive 4% annual rate in revenue generation (Hassan and Lewis 2007, pp.
151-160). The banking industry shouldered over 43% of this growth in the 2006/7 financial year and the growth has been ongoing (Hassan and Lewis 2007, pp. 151-160).
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