The need for an information system for the dissemination of knowledge on Islamic banking

The Islamic banking industry is relatively new compared to the conventional banking, yet it is much more complex and built from a number of Islamic Shariah abiding principles. The complexity had inadvertently created numerous issues, and amongst them the issues of public awareness, shortage of human capital with expertise in Islamic banking principles, legislations, and also non-uniformity of opinions. These issues if not attended will affect the image of Islamic banks and the trust that has been given by its customers. Islamic banks could not rely on religious motivations alone, but have to take initiative to reduce the gap of understanding and the differences of view amongst its stakeholders. Hence, an information system will be necessary to facilitate dissemination on Islamic banking knowledge.