Mapping the Risks and Risk Management Practices in Islamic Banking

CHAPTER 8Analysing Perceptions of Risk and Risk Management Dimensions and Issues: Inferential Statistical Analysis

This chapter is a continuation of Chapter 7 in analysing the quantitative data represented by the survey questionnaire. In this chapter inferential statistics are employed for exploring and analysing the opinions and attitudes of the respondents by providing a comparative analysis between several identified groups or respondent categories. In addition, the chapter considers some determinants and factors which contribute to the perception and knowledge of the respondents concerning risk management in Islamic banking.

As mentioned earlier in the research methodology chapter, the analysis in the present chapter employs several inferential statistics tools for non-parametric data analysis, ranging from cross-tabulation, the Friedman test, the Kruskall-Wallis test, and the Chi-Square test to factor analysis and MANOVA multivariate analysis of variance. Each of these statistical analyses will be used in the relevant section of the chapter; a brief description of it will be presented prior to its application, and the result will subsequently be interpreted. The chapter is divided into six broad sections in line with the main parts of the questionnaire and in accordance to the thematic division used in the interview analysis in Chapter 9. Each section is developed to find satisfactory answers to one or more of the main research questions and their sub-questions as previously ...