The determinants of opening account with Islamic banks

Purpose The Islamic banking system is not very primordial, but recently it is getting popular. Now it becomes a prominent topic to investigate what are the reasons behind it and how it happens. This study aims to identify the influencing factors in the time of opening account in Islamic banks. Design/methodology/approach A descriptive and factor analysis method were carried out to collect the quantitative data using a validated structured questionnaire. This study is based on a survey of 300 clients from Bangladesh who have at least one bank account in any Islamic banks in Bangladesh. Findings The findings of the study revealed that the most important factors influencing the people to open an account in Islamic banks including high Riba…