Darwish Al‐Moharby and Nada Khatib
To show the social role of money and how Omanis understand and work upon this social concept.
Abstract
Purpose
To show the social role of money and how Omanis understand and work upon this social concept.
Design/methodology/approach
Sample surveys and diagrams for easy understanding of sampling results.
Findings
A strong sense of the social concept of money exists among Omanis. This is displayed by the wish to have interest‐free Islamic concept of money and savings.
Research limitations/implications
Can be developed more elaborately by larger samples and more analytical methods.
Practical implications
A pilot project to study the response of Omanis to the Islamic social concept of money in Omani economy and social perspectives.
Originality/value
This is an original paper as it touches on a sample survey for data on strategic planning of future financial instruments to satisfy Omani Islamic needs in an interest‐free environment.