A study of cash waqf contribution between millennials of Malaysia and Indonesia

Anwar Bin Allah Pitchay, R. Sukmana, R. Ratnasari, Mohamad Isa Abd Jalil
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引用次数: 2

Abstract

Purpose This study aims to examine the determinants of motivation that influences Malaysian and Indonesian millennials to contribute cash waqf. Design/methodology/approach The present study used self-determination theory and 423 respondents, of which 205 respondents are from Malaysia and 218 from Indonesia. The study developed a self-administrative questionnaire, and it is distributed through an online survey method, and the data are analysed using SmartPLS partial least squares analysis. Findings The results show that perceived donor effectiveness and moral obligation factors influence both Malaysians and Indonesian millennials to make cash waqf contributions. Meanwhile, the face concern factor did not significantly affect millennials in Malaysia and Indonesia to contribute cash waqf. Furthermore, the sense of self-worth factor appears to significantly influence only Indonesian millennials but not Malaysian millennials. Research limitations/implications The research findings have significant theoretical and practical ramifications. Firstly, while face concern has a positive effect on millennials’ willingness to contribute cash to waqf, it is not statistically significant in Muslim populations. This implies that to persuade millennials to make cash waqf contributions, the face concern argument should be avoided. Originality/value The comparative study between Malaysia and Indonesia adds new value to this study. These two Muslim majority countries have similar attributes in terms of religion, demography and race background. Furthermore, the focus of this study, which targets units of analysis from millennials, has received very little attention in the literature related to cash waqf.
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马来西亚和印度尼西亚千禧一代的现金宗教基金贡献研究
目的本研究旨在检验影响马来西亚和印度尼西亚千禧一代捐款的动机的决定因素。设计/方法/方法本研究使用了自决理论和423名受访者,其中205名受访者来自马来西亚,218名受访者来自印度尼西亚。该研究开发了一份自我管理问卷,并通过在线调查方法进行分发,并使用SmartPLS偏最小二乘分析对数据进行分析。研究结果表明,感知的捐赠者有效性和道德义务因素影响马来西亚和印度尼西亚千禧一代的现金捐赠。同时,面子因素并没有显著影响马来西亚和印度尼西亚的千禧一代缴纳现金宗教基金。此外,自我价值感因素似乎只显著影响印尼千禧一代,而不影响马来西亚千禧一代。研究局限性/含义研究结果具有重要的理论和实践意义。首先,尽管面子问题对千禧一代向宗教基金捐款的意愿有积极影响,但在穆斯林人口中并不显著。这意味着,为了说服千禧一代进行现金宗教基金捐款,应该避免面子问题。原创性/价值马来西亚和印度尼西亚的比较研究为这项研究增加了新的价值。这两个穆斯林占多数的国家在宗教、人口和种族背景方面具有相似的特点。此外,这项研究的重点是千禧一代的分析单位,在与现金宗教基金相关的文献中很少受到关注。
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来源期刊
CiteScore
5.40
自引率
10.00%
发文量
45
期刊介绍: The International Journal of Islamic and Middle Eastern Finance and Management (IMEFM) publishes quality and in-depth analysis on current issues within Islamic and Middle Eastern finance and management. The journal welcomes strong evidence-based empirical studies and results-focused case studies that share research in product development and clarify best practices. The title is also keen to consider work from emerging authors. IMEFM has just also accepted into Clarivate''s SSCI in 2018, and its IF will be available in summer 2019, with citations dating from 2016. The coverage includes but is not limited to: -Islamic finance: Fundamentals, trends and opportunities in Islamic Finance, Islamic banking and financial markets, Risk management, Corporate finance, Investment strategy, Islamic social finance, Financial planning, Housing finance, Legal and regulatory issues, -Islamic management: Corporate governance, Customer relationship management and service quality, Business ethics and corporate social responsibility, Management styles and strategies in Shariah environments, Labour and welfare economics, Political economy. The journal is the only title aiming to give an interdisciplinary and holistic view on Islamic finance and business management practices in order to inform these two intertwined communities.
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