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Authors: Sugeng Hariadi and Lidya Rosadi

Affiliation: Faculty of Business and Economics, University of Surabaya, Surabaya, Indonesia

Keyword(s): Islamic banks · Catholics · Usury · Religiosity

Abstract: In 1992, Bank Muamalat Indonesia suited a pioneer of Islamic banks in the world's most populous Muslim country. The prohibition of usury is not only in the Islamic Law because there are also in other religions. The number of non-Muslim customers in Islamic banks is still around one percent until 2019. This study aims to examine the attitudes and behavior of bank customers in accordance with Catholic Law related to the prohibition of usury. The quantitative method through a questionnaire was applied to 60 Catholic respondents in Surabaya. The study found that there are pros and cons about usury among Catholics. Interest-based banks are recognized to be able to increase welfare, but it is also realized that usury can exploit humans. The study also found that only 35 percent of Catholics understood the prohibition of usury. The main deliberation of Catholics in exhausting banking services is data confidentiality.

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Paper citation in several formats:
Hariadi, S. and Rosadi, L. (2022). Do Catholics Support Non-usury Banks. In Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - MIICEMA; ISBN 978-989-758-582-1; ISSN 2655-9064, SciTePress, pages 572-577. DOI: 10.5220/0010520800002900

@conference{miicema22,
author={Sugeng Hariadi and Lidya Rosadi},
title={Do Catholics Support Non-usury Banks},
booktitle={Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - MIICEMA},
year={2022},
pages={572-577},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010520800002900},
isbn={978-989-758-582-1},
issn={2655-9064},
}

TY - CONF

JO - Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - MIICEMA
TI - Do Catholics Support Non-usury Banks
SN - 978-989-758-582-1
IS - 2655-9064
AU - Hariadi, S.
AU - Rosadi, L.
PY - 2022
SP - 572
EP - 577
DO - 10.5220/0010520800002900
PB - SciTePress