Oman's keritsu, cultural money walks, and the economy
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.
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