Millennials’ acceptability oftawarruq-basedar-rahnuin Malaysia

Hanudin Amin and M. Kabir Hassan

International Journal of Ethics and Systems, 2022, vol. 38, issue 3, 510-529

Abstract: Purpose - This study aims to enlighten the effects of Islamic religiosity, Islamic altruism and Islamic debt collection policy (IDCP) on millennials’ acceptability oftawarruq-basedar-rahnuin Malaysia. Design/methodology/approach - This study applies the factors drawn from the Islamic theory of consumer behaviour (ITCB) and uses data obtained from a survey of 267 respondents to examine the impact of these factors on millennials’ acceptability oftawarruq-basedar-rahnu. Findings - The findings indicate that Islamic religiosity, Islamic altruism and IDCP are all important factors influencing millennials’ acceptability oftawarruq-basedar-rahnu. Research limitations/implications - The study is narrowed down in scope in terms of the broader context oftawarruq-basedar-rahnuand the variables retrieved from the ITCB, which may explain its limited impact. Practical implications - Considering the effects of the variables investigated in this study might assist enhance product acceptance among consumers. Originality/value - This study is focussed ontawarruq-basedar-rahnuin the context of the ITCB, taking a different approach than past research on the subject.

Keywords: Consumer; Ar-rahnu; Financing; Islamic banking (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijoesp:ijoes-09-2021-0170

DOI: 10.1108/IJOES-09-2021-0170

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