FOSTERING CUSTOMER LOYALTY AMONG MUSLIM CLIENTS: STRATEGIES FOR ISLAMIC BANKS

This research examines the influence of service quality, corporate image, customer satisfaction, and customer engagement on loyalty in Islamic banks. The study was conducted by distributing questionnaires to 500 randomly selected West Sumatra, Indonesia respondents. This research uses Structural Eq...

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Main Authors: RONI ANDESPA, YULIA HENDRI YENI
Format: Article
Language:English
Published: Hamdard Foundation 2024-03-01
Series:Hamdard Islamicus
Subjects:
Online Access:https://www.hamdardislamicus.com.pk/index.php/hi/article/view/499
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author RONI ANDESPA
YULIA HENDRI YENI
author_facet RONI ANDESPA
YULIA HENDRI YENI
author_sort RONI ANDESPA
collection DOAJ
description This research examines the influence of service quality, corporate image, customer satisfaction, and customer engagement on loyalty in Islamic banks. The study was conducted by distributing questionnaires to 500 randomly selected West Sumatra, Indonesia respondents. This research uses Structural Equation Model Analysis. The findings of this study show that service quality and company image significantly affect customer satisfaction at Islamic banks. It is indicated that service quality and company image significantly and positively impact customer engagement. It is found that all determinant factors, directly and indirectly, affect customer loyalty to Islamic banks. From the results of this study, it is expected that Islamic bank executives must identify the elements that influence customer loyalty because these factors directly or indirectly affect the customer loyalty variable. The results of this study can be used as a consideration for Islamic bank managers in developing marketing strategies because they are closely related to the marketing performance managers need to control the service performance of Islamic banks. Theoretically, this research is also a new reference for researchers studying Islamic banks. Further researchers can adapt the model and variable indicators in this study, which can be applied further.
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spelling doaj.art-2eaae3487db0487e90109623003628f32024-03-29T17:04:27ZengHamdard FoundationHamdard Islamicus0250-71962024-03-0147110.57144/hi.v47i1.499FOSTERING CUSTOMER LOYALTY AMONG MUSLIM CLIENTS: STRATEGIES FOR ISLAMIC BANKSRONI ANDESPA0YULIA HENDRI YENI1Universitas Islam Negeri Imam Bonjol PadangUniversitas Andalas This research examines the influence of service quality, corporate image, customer satisfaction, and customer engagement on loyalty in Islamic banks. The study was conducted by distributing questionnaires to 500 randomly selected West Sumatra, Indonesia respondents. This research uses Structural Equation Model Analysis. The findings of this study show that service quality and company image significantly affect customer satisfaction at Islamic banks. It is indicated that service quality and company image significantly and positively impact customer engagement. It is found that all determinant factors, directly and indirectly, affect customer loyalty to Islamic banks. From the results of this study, it is expected that Islamic bank executives must identify the elements that influence customer loyalty because these factors directly or indirectly affect the customer loyalty variable. The results of this study can be used as a consideration for Islamic bank managers in developing marketing strategies because they are closely related to the marketing performance managers need to control the service performance of Islamic banks. Theoretically, this research is also a new reference for researchers studying Islamic banks. Further researchers can adapt the model and variable indicators in this study, which can be applied further. https://www.hamdardislamicus.com.pk/index.php/hi/article/view/499Islamic Banks; Determining Factors; Customer Loyalty; SEM Analysis
spellingShingle RONI ANDESPA
YULIA HENDRI YENI
FOSTERING CUSTOMER LOYALTY AMONG MUSLIM CLIENTS: STRATEGIES FOR ISLAMIC BANKS
Hamdard Islamicus
Islamic Banks; Determining Factors; Customer Loyalty; SEM Analysis
title FOSTERING CUSTOMER LOYALTY AMONG MUSLIM CLIENTS: STRATEGIES FOR ISLAMIC BANKS
title_full FOSTERING CUSTOMER LOYALTY AMONG MUSLIM CLIENTS: STRATEGIES FOR ISLAMIC BANKS
title_fullStr FOSTERING CUSTOMER LOYALTY AMONG MUSLIM CLIENTS: STRATEGIES FOR ISLAMIC BANKS
title_full_unstemmed FOSTERING CUSTOMER LOYALTY AMONG MUSLIM CLIENTS: STRATEGIES FOR ISLAMIC BANKS
title_short FOSTERING CUSTOMER LOYALTY AMONG MUSLIM CLIENTS: STRATEGIES FOR ISLAMIC BANKS
title_sort fostering customer loyalty among muslim clients strategies for islamic banks
topic Islamic Banks; Determining Factors; Customer Loyalty; SEM Analysis
url https://www.hamdardislamicus.com.pk/index.php/hi/article/view/499
work_keys_str_mv AT roniandespa fosteringcustomerloyaltyamongmuslimclientsstrategiesforislamicbanks
AT yuliahendriyeni fosteringcustomerloyaltyamongmuslimclientsstrategiesforislamicbanks