3.
Islamic Banking is one of the emerging field in global financial
market, having incredible potential and growing at a very fast pace all
around the world.
The foundation of Islamic bank is based on the Islamic faith and must
stay within the limits of Islamic Law or the Shariah in all of its actions
and deeds.
The few governing principles of an Islamic bank are following:
The absence of interest-based (riba) transactions.
The avoidance of economic activities involving oppression (zulm).
The introduction of an Islamic tax, zakat.
4.
Basically I choose this topic for my final year project (fyp), because of my
interest in field of finance and banking sector.
Through this research I want to explore the factors behind the rapid
growth of this sector in Pakistan.
According to my perception this topic need to be explored more.so that is
the reason I choose this topic to doing research.
5.
The motivational element for me for doing this research are my own
interest in banking sector and main thing, which motivated me is the
interest free banking phenomenon.
6.
In this section, key concept of the study, namely Islamic finance,
musharakah, mudarabah, capitalism, government policies and public
awareness about Islamic finance and Islamic banking will briefly
explored.
In this study, I am also going to find out that how government policies
can effect or support the Islamic financing and banking.
Problem Statement:
Is to determine the factor behind the Growth and Performance of Islamic
finance and banking in Pakistan.
To determine problems and issues facing by Islamic finance in Pakistan.
7.
This research will make recommendation that will encourage Islamic
financing in Pakistan and to make recommendation that will encourage
Islamic financing in Pakistan.
Research Scope:
This research will help in creating public awareness to get into the
knowledge of positive and negative aspects of Islamic banking, factors
behind success, growth rate, performance and governmental policies.
8.
Since this is descriptive study, the survey and secondary data method
will be used to collect the needed information through randomly
distributed the questionnaires.
This investigation is to make financing in Islamic way in Pakistan and to
make recommendation that will encourage Islamic financing and banking
in Pakistan.
9.
Data collection
Since this is descriptive study, the survey and secondary data method
will be used to collect the needed information through randomly
distributed the questionnaires.
Secondary data techniques:
Data sources will be utilized to find theoretical information for expels
books published journals and articles the internet as revealed in the
literature review.
10.
Target population:
For this study the target are investors and business students.
Sampling:
I will distribute about 100 questionnaires A sample is a subset or some
part of a larger population. The purpose of sampling is to enables
researcher to estimate some unknown characteristics of population.
Sampling farm work:
Sampling frame work is a list of element from which the sample may be
drawn for this study the sampling frame work would be 100-200
investors.
11.
Project Integration Management:
Step 1: collecting base documents, research papers and reading and
understanding the papers and finalizing the topic
Step 2: Presenting Topic proposal
Step 3: topic approval
Step 4: temporary presentation in front of university faculty
Step 5: making report on approved topic
Step 6: collecting data through data collection techniques
Step 7: summarizing and coding the data though software
Step 8: applying the reliability tests
Step 9: getting the result
Step10: presentation of whole research and oral viva in front of faculty
and external members
12.
Scope Management:
This research will help in creating public awareness to get into the
knowledge of positive and negative aspects of Islamic finance, growth
rate, performance and governmental policies.
Time Management:
Although there is no enough time for doing the research in a proper and
in extended manner, but I will manage my time in following manner:
I will distribute about 200 questionnaires in only one city like Karachi to
the specific and randomly selected people such like business students and
investors.
All above steps will be happen in specified time and date within the
period of 4mouths.
13.
Cost Management:
The cost occurs in doing research in limited, because I am doing this
research on my own bases, I am not even sponsored by any one so, this is
a low budget research.
Quality Management:
When we talk about the quality of this research so, this research is based
upon the responses, which I will get from the randomly selected people
and on the reliability tests, which I will use in my research.
Risk Management:
The risk factors involved in this research are following: getting the
negative results or not applicable results and changing of variables and
hypothesis on mean time.
14.
Presentation:
The final presentation of whole research will be held in specified date and
time arranged by university.
Stakeholder’s satisfaction:
To make recommendation that will encourage Islamic financing in
Pakistan and This investigation is to make financing in Islam way in
Pakistan.
