Product comparison of collaboration system and participation banking in retail financing and evaluation of customer preferences the case of Erzincan

Individual financing is a product as the use of need funds. License First financial investment in 1983 AlbarakaTürk private finance investment started its operations in 1985. Developing interest-free finance sector, people have produced a new alternative to Islamic settings and cooperation started to deliver vehicles in 1991. The cooperative system has turned into a system of housing arrangement. It has become a reality from the appearance of the vehicle and housing buyers' preferences, which are the product of the ownership of common aspects and the image of the example of participation banks. In the study, 270 studies on the cooperation system operating in the province of Erzincan. As a result, choices between religiosity, Islamic financial literacy and DRESS customer preferences. Practicing religiosity and financial literacy are positive preferences over all DRESS. There is great doubt over the method of marketing and customer-only practice of piety. Finally, it was determined that the demographic characteristics differed in education and customer satisfaction, and in the age population, in marketing and communication methods, all other demographic and socio-economic characteristics differed within the scope of Islamic financial literacy.