Perception toward islamic and conventional banking among educated people in muslim community: a study based Akkaraipattu division in Ampara district

The one of prominent industries worldwide is banking. In the context of Sri Lanka, above 25 licensed commercial banking institutions consist both Islamic and conventional banking play major role in economy under regulatory, Central bank of Sri Lanka. Among the multi religious society of Sri Lanka, the Islamic institution was launched in 1995 and the first Islamic banking institution was established in 2008 that is having rapid growth year by year. As a minority people in Sri Lanka, there is a need to find out the perceptions of Muslims about this prominent industry. This study was examined the real perception among educated Muslim people of Ampara district which have maximum number of Muslim minority. And had a study about perception on Islamic and conventional banking. Quantitative method was carried out which include only questionnaire data material. The population for this study considers the all educated people in Muslim community of Akkaraipattu of Ampara district. A sample random sampling technique was used to select the responses survived for this study for the data analysis.in this study covered perception on usage of conventional and Islamic banking facilities ,knowledge of the Islamic banking system, potentiality of Islamic banking and affective(feelings) of Islamic banking