The demand for investing especially fixed deposit in Islamic banking is increasing as well as Islamic product. Through the past research found that some issues regarding this objective of this paper which are to determine the existing model fixed deposit of investment in Islamic bank, develop a new formulation of calculation for the Islamic fixed deposit based on Shariah Compliance and to survey the customer’s acceptability on the new characteristics of Islamic fixed deposit product among personal account and generate some hypotheses through this issue. It has been demonstrating that three variables which contribute significantly to the acceptability in new attribute of Islamic fixed deposit are: profit from fixed deposit, all the characteristics of the product and awareness among the people. The researcher will give huge useful information in order to come out by new element integrated formula to the customer acceptance of the Islamic fixed deposit. According to this study, it may increase the acceptability customers on Islamic fixed deposit; management should implement the profit, product and awareness among the customers. This paper will provide further support to the general body of knowledge on Islamic fixed deposit by include the previous literature review in the field of Islamic investment deposit.
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In-Text Citation: (SyazwanibintiSuhaimi, BintiGhazali, & Razak, 2019)
To Cite this Article: SyazwanibintiSuhaimi, S., BintiGhazali, P. L., & Razak, R. binti A. (2019). Weaknessess Concept of Existing Fixed Deposit. International Journal of Academic Research Business and Social Sciences, 9(1), 1283–1287.
Copyright: © 2019 The Author(s)
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