INTRODUCTION OF ISLAMIC BANKING INTO NIGERIA BANKING SYSTEM, MYTHS, FEARS AND PERCEIVED ADVANTAGES (A STUDY OF ENUGU METROPOLIS)

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ABSTRACT

This researchâ€ introduction of Islamic Banking into Nigeria Banking System(A Study of Enugu Metropolis)â€ is an attempt in finding out the implications of establishing Islamic banking into Nigeria Banking System. As at today, literature is awash with countries practicing Islamic Banking which include Malaysia, Turkey and Britain, etc. The population for this study is the entire Nigeriaâ€™s economy. However, to enable the researcher achieve the intended objectives, judgemental sampling techniques was used the select Enugu Metropolis as a case study. The researcher used various research statistical tools which is Chi-square. Through this data analysis the researcher was able to find out that the Islamic banking has not transformed the economy of some of the countries practicing it. Based on the finding conclusion and recommendation were made by the researcher as follows that; the motive of the sponsors of Islamic banking is to take over the nation, Islamic banking has political and religious problems, Islamic banking will not boost the Nigeriaâ€™s economic system, some of the countries that Islamic banking has transformed are Islamic countries, Islamic banking should not be introduced in conventional banking system.

TABLE OF CONTENTS

Title Page

Certificate

Dedication

Acknowledgement

Abstract

Table of Contents

CHAPTER ONE:

INTRODUCTION

1.1 Background of the Study

1.2 Statement of the Problem

1.3 Objectives of the Study

1.4 Research Questions

1.5 Research Hypothesis

1.6 Limitations of the Study

1.7 Significance of the Study

References

CHAPTER TWO:

LITERATURE REVIEW

2.1 Definition of Non-Interest Banking

2.2 Definition of Islamic Banking

2.3 Models of Islamic Banking

2.4 Principles of Islamic Banking

2.5 Objectives of Islamic Banking

2.6 Location of Islamic Banks

2.7 Advantages and Disadvantages of Islamic Banking

2.8 Islamic Banking and Nigeriaâ€™s Economic Development

2.9 Fears of Islamic Banking

References

CHAPTER THREE

3.1 Research Methodology

3.2 Research Design

3.3 Sources of Data

3.4 Population of the Study

3.5 Instrument

3.6 Validation of Instrument

3.7 Collection of Data

3.8 Sample Size

3.9 Method of Data Analysis

References

CHAPTER FOUR:

DATA PRESENTATION AND ANALYSIS

CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION

5.1 Summary of Findings

5.2 Conclusions

5.3 Recommendations

Bibliography

Appendix

Questionnaire

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INTRODUCTION OF ISLAMIC BANKING INTO NIGERIA BANKING SYSTEM, MYTHS, FEARS AND PERCEIVED ADVANTAGES (A STUDY OF ENUGU METROPOLIS)

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