ISLAMIC BANKING

QUESTIONNAIRE

Name: ________________________________________ Today’s Date: __________

Address:
_____________________________________________________________________________

City: __________

State: _________________ Pin code: __________

Telephone: __________

Occupation
a) Self Employed/ Businessman
b) Professional/ Salaried
c) Student
d) Homemaker
Annual Family Income(INR)
a) Below 1,50,000
b) 1,50,000 – 3,00,000
c) 3,00,000 – 5,00,000
d) Above 5,00,000

Years in the Present Position

a) <1
b) 1-6
c) 6-10
d) More than 10

ISLAMIC BANKING
QUESTIONNAIRE
The questionnaire aims to obtain your response, which in turn will be used to determine the people’s perception
towards Islamic banking. You are required to choose from the following options for each of the questions:

1 = strongly agree

2 = moderately agree

3 = do not know

4 = moderatelyDisagree

5 = strongly Disagree
Q1. The main reason for my association with a bank is…

Reasons 1 2 3 4 5
a)Investment
b)Saving/Salary a/c
c)Borrowings
d)Cheque/ECS
e)Phone/Internet banking

1 2 3 4 5

Q2. I understand the key concepts of

Shari’ah guided Islamic banking and

Finance.

Q3.I am aware that giving/taking of interest

1 2 3 4 5

(RIBA) is forbidden in Islam.

Q4.A bank can operate successfully without

1 2 3 4 5

payment and acceptance of interest, which at

present is the only type of banking available in

India.
Q5.Both Islamic banks and conventional banks

1 2 3 4 5

must adopt profit maximization principle in

order to survive

Q6.I know that Islamic banking involves

1 2 3 4 5

PLS (profit-loss sharing) principle.

ISLAMIC BANKING
QUESTIONNAIRE

Q7.According to me the main reason why people select Islamic banking is,

Reasons 1 2 3 4 5
a)Strictly religion
b)economies (profit and loss element)
c)both religion and economies
d)other reasons
Q8.The potential of Islamic banking

1 2 3 4 5

products in Indian Corporate sectors

is EXCELLENT.

Q9.Islamic banking can be seen as an

1 2 3 4 5

alternative to the conventional system

of banking.

Q10.I will support a fully operational

1 2 3 4 5

Islamic bank approved by Shari’ah

Boards; both Indian & International.

Q11.While selecting a bank “Cost Benefit”

1 2 3 4 5

Factor is very important to me.

Q12. Even if Islamic banks initially,

1 2 3 4 5

are unable to give any profits on deposits/

investments, I would still continue with

Shari’ah banking.

Q13. If RBI amends rules and allows

1 2 3 4 5

full fledged Islamic banking, India can

attract huge investments from Middle

East and other countries.

ISLAMIC BANKING
QUESTIONNAIRE

Q14. As per the Sachar Samiti Report

1 2 3 4 5

50% of the Muslim in India are financially

excluded from banks, do you think that a

full fledged Islamic bank can plug this

disparity?

Q15.Yes I know that someIslamic funds

1 2 3 4 5

are already available in India, like

Reliance Iman, Taurus Ethical fund etc.

Q16. Even Muslims are unaware of Shari’ah

1 2 3 4 5

laws and large scale awareness is required.

Q17.According to me the most suitable medium of information, with regard to banking products are,
Medium 1 2 3 4 5
a)newspaper
b)magazines
c)television
d)internet
e)seminars

Q18. According to me Islamic banking

1 2 3 4 5

can contribute in removing society’s

inequality and improving general

standard of living.
Q19. . According to me lending small

1 2 3 4 5

amount of money to poor people without

any collateral will improve their living

standard and will be a boon to our society.

Q20. If my bank opens up a facility

1 2 3 4 5

exclusively on the principle of Shari’ah

I will transfer my a/c to

Islamic bank?