Islamic Banking in the Swedish Market?
Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
The Islamic banking sector has increased significantly during the last decades around the globe. From being a banking alternative only present in countries where Islam is the major religion, it has in recent years spread to a number of countries in the Western world. The Muslim population has been growing steadily in Sweden and there is yet to be an Islamic banking alternative.
This thesis is based on qualitative methods and aims to give an understanding of the basic differences between Islamic banking and conventional banking. It also investigates and evaluates the challenges and opportunities that an Islamic bank would have to face if it entered the Swedish market with analysis based on Porter’s five forces. The method used is to interview people with knowledge within our subject together with an analysis of previous research.
According to the analysis of the differences between Islamic banks and Conventional banks, it showed that there is a difference in theory but less difference in practice. Given the analysis of Porter’s five forces we draw the conclusion that three major challenges being Supply Power, Threat of Substitution and Threat of new Entry. The opportunities lies within Buyer Power and competitive Rivalry.
Place, publisher, year, edition, pages
2016. , 34 p.
IdentifiersURN: urn:nbn:se:hj:diva-30525ISRN: JU-IHH-FÖA-2-20160195OAI: oai:DiVA.org:hj-30525DiVA: diva2:936831
Subject / course
IHH, Business Administration
2016-06-01, B2011, Gjuterigatan 5, Jönköping, 16:30 (English)
Österlund, Urban, PhD in Business AdministrationWallin, Tina, Doctoral candidate