Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Banco: Jurnal Manajemen dan Perbankan Syariah
Mayhub, Abdul Razak
Unknown Affiliation
Religion Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Cultural Dynamics of Islamic Banking in Libya: Overcoming Regulatory Fragmentation and Enhancing Financial Literacy Aljadi, Soliman; Mayhub, Abdul Razak; Ahmoudah, Ali
BANCO: Jurnal Manajemen dan Perbankan Syariah Vol 7 No 1 (2025): Banco: Jurnal Manajemen dan Perbankan Syariah
Publisher : Institut Agama Islam Negeri Parepare

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35905/banco.v7i1.12158

Abstract

Purpose – This study aims to examine the integration of Islamic banking in Libya, focusing on cultural relevance, regulatory challenges, and economic impact Method – Using a qualitative approach, data was collected through stakeholder interviews, case studies from Malaysia and the UAE, and policy analysis to assess the factors influencing Islamic financial adoption in Libya. Findings – The findings indicate that Islamic banking aligns with Libya’s socio-cultural values, yet regulatory inconsistencies and limited financial literacy hinder widespread adoption. The study confirms that Sharia-compliant microfinance products enhance financial inclusion, particularly for rural and unbanked populations, but digital banking infrastructure remains underdeveloped. Practical implications – Theoretically, the study contributes to Institutional Theory, Maqashid Sharia Framework, and Financial Inclusion Theory, demonstrating the role of regulatory governance and cultural adaptation in financial sustainability. Practically, the findings suggest that Libya should establish a centralized Sharia advisory body, implement targeted financial literacy programs, and invest in Islamic fintech solutions. Originality/value – The originality of this study lies in its comparative analysis of Libya’s Islamic banking sector and its integration of cultural financial practices into modern Islamic finance models
Co-Authors Ahmoudah, Ali Aljadi, Soliman