Tawarruq as an alternative product for bai al-inah within the Islamic banking system: A case study of Somali Islamic banks

The problem of liquidity raises a lot questions regarding the products and services that Islamic banks offer to their customers. purpose this paper is examine applicability tawarruq as cash financing instrument possibility using an alternative bai al-inah in Somalia. This study focuses on awareness, need for tawarruq, comparability, behavioral intention use relative benefit function Shariah scholars determining whether acceptable adopted quantitative research method by descriptive analysis. A self-administered questionnaire was distributed 150 customers Mogadishu, Convenience sampling used select respondents data analyzed employing Statistical Package Social Sciences (SPSS) 23. It found Somalia would like see offering product. shows new evidence majority agreed or strongly with all variables. also very attractive compared other banking offer. findings will help financial institutions showing positive aspects utilizing financing. survey contributes literature enhancing awareness demand among purposes