Behaviour towards investments in Islamic capital market: an exploratory study

Mirna Indriani, Ratna Mulyany and Indayani

International Journal of Trade and Global Markets, 2020, vol. 13, issue 4, 454-474

Abstract: This study aims to explore the behaviour of academicians in Indonesia towards investment in Islamic capital market (ICM). The concept of behaviour is analysed through the dimensions of the awareness and attitude. Four propositions were tested to identify whether there is any difference in the awareness and attitude based on demographic profiles and level of knowledge in ICM. The questionnaires were distributed with 280 responses were collected. Descriptive and non-parametric tests were performed to analyse the data. The findings uncovered relatively high level of awareness towards investment in ICM among the academicians yet their participation in the ICM activities is very limited. Religious motivation was found to be the main reason for investing. There was no difference in the awareness and attitude based on demographic factors. However there was significant difference in the attitude based on religion and awareness as well as attitude based on the level of knowledge about ICM.

Keywords: awareness; attitude; behaviour; investor; Islamic investment; capital market; religious motivation; Islamic capital market. (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=111129 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijtrgm:v:13:y:2020:i:4:p:454-474

Access Statistics for this article

More articles in International Journal of Trade and Global Markets from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().