Research Approach Data Collection Techniques

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G. Research Methodology

1. Research Approach

The research is be based on qualitative data as the data captured is not numerical in nature. Viewed from the aspect of purpose, this study is a descriptive research, i.e. the data collected in the form of words, pictures and not the numbers. 24 While in terms of data collection techniques, this study is a combination of library research, i.e. research that includes collecting data and information through the archives and documents the testing method used was analysis of documents or content analysis 25 and field research 26 by going out and conducting interviews with banking officials to obtain important information from the respective banks on the various issues on Murabaha.

2. Data Collection Techniques

The data collection technique consists of a combination of library research and field reseach. By using library research, the researcher has adopted documentary anaylsis to collect data from research papers, thesiss and articles pertaining to the title that has rendered tremendous help in achieving the goals of the researcher. Information from internet sources on the 24 Sudarwan Danim, Menjadi Penelitian Kualitatif, Ancangan Metodologi, Presentasi, dan Publikasi Hasil Penelitian untuk Mahasiswa dan Penilitian Pemula Bidang Ilmu-ilmu Sosial, Pendidikan, dan Humaniora CV. Pustaka Setia, 2004, Cet. 1, pg 13 25 Husain Umar, Metode Penelitian untuk Skripsi dan Tesis Bisnis, Jakarta, PT. RajaGrafindo Persado, 2004, Cet 6, pg 25 26 MS Sridhar. Research Methodology, Research Design and Plan, Part Three The Serials Librarian, February 1989 30 establishment and growth of Islamic Banking and Finance in South Africa has also been studied. By combining library research with field research the researcher has had the opportunity to collect valuable data and information by conducting interviews with officials from the respective banks. The interviews were semi- structured and the same questions were posed at both officials, one from Albaraka Bank South Africa and the other from Bank Muamalat in order to establish the different approaches in practise. The interviews were performed face to face and conducted at Bank Muamalat Indonesia at the Muamalat Institute for research, training, consulting and publication, located at Gedung Dana Pensiun Telkom Lt 2 Jl. Letjend. S. Parman Kav. 56 Slipi, Jakarta Barat in the month November 2010 and Albarakah Bank branch situated in the city of Cape Town 42 Corner Klipfontein and Belgravia roads during the month of December 2010 The interviewees Mr Nizaam Abdurahmaan is a senior coonsultant in Islamic finance at the Albaraka Bank Cape Town branch and Mr Ahmad Fauzi holds a position in the Financing Division Department at the Muamalat Institute.

3. Source of data