Determinants intention usage of Islamic E-Wallet Among Millennials

Q3 Economics, Econometrics and Finance Global Business and Finance Review Pub Date : 2023-02-28 DOI:10.17549/gbfr.2023.28.1.11
M. Bakri, Khalifa Khalfan Salem Muftah Almansoori, Nurul Atiqah Mohd Azlan
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引用次数: 2

Abstract

Purpose: The main purpose of this study is to investigate the behavioural intention of the millennials in Malaysia toward the acceptance of Islamic e-wallet usage using Unified Theory of Acceptance and Use of Technology(UTAUT) via Structural Equation Model. Design/methodology/approach: The data have been collected by the 384 millennials in Malaysia. A person has aged between 25 until 40 years old is considered the millennials group The method that used in this paper is the Unified theory of acceptance and use of technology (UTAUT). There will be five independent variables: performance expectancy, effort expectancy, social influence, facilitating condition, and Shariah-compliant. Shariah-compliant variables have been added to the study because the study investigates the Islamic e-wallet where it is needed the Shariah-compliant elements. Before the data is analysed into measurement, preliminary analysis such as Exploratory Factor Analysis (EFA) is conducted as well. Findings: The result showed that the performance expectancy (PE), effort expectancy (EE), social influence (SI) and Shariah complaint (SC) significantly affect the Islamic e-wallet acceptance among the millennials. In addition, the Shariah complaint has a strong effect on Islamic e-wallet acceptance. In contrast, facilitating condition (FC) showed no effect on Islamic e-wallet acceptance. In this study, all the requirements for model fit were achieved. The four exogenous constructs are performance expectancy (PE), effort expectancy (EE), social influence (SI) and facilitating condition (FC). The mediating construct is behavioural intention (BI) and the endogenous is user adoption (UA). All exogenous constructs show significant p-value except for effort expectancy (EE). Research limitation/implications: This paper offers important implications specifically for the digital economy as it is currently making its way throughout every aspect in the human life, be it social, religion, financial transaction, entertainment and many more. The impact of digital economy can be traced through the emergence of Fintech. One of the least academically discussed areas is the adoption of Islamic Fintech. This study is considered necessary to explore the prediction of consumer behaviour in Islamic Fintech intention, as part of digital economy. Originality/value: The paper fills the gap perceived within the existing literature of finance technology by showing Islamic financial technology (E-Wallet) intention via model measurement.
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千禧一代中伊斯兰电子钱包使用意向的决定因素
目的:本研究的主要目的是通过结构方程模型,使用统一的接受和使用技术理论(UTAUT)来调查马来西亚千禧一代接受伊斯兰电子钱包使用的行为意图。设计/方法/方法:数据由马来西亚的384名千禧一代收集。年龄在25岁到40岁之间的人被认为是千禧一代。本文使用的方法是技术接受和使用的统一理论(UTAUT)。有五个自变量:绩效预期、努力预期、社会影响、促进条件和伊斯兰教法合规。符合伊斯兰教法的变量被添加到研究中,因为该研究调查了伊斯兰电子钱包,在那里需要符合伊斯兰教法的元素。在将数据分析为测量之前,还要进行探索性因素分析(EFA)等初步分析。结果表明,绩效期望(PE)、努力期望(EE)、社会影响(SI)和伊斯兰教法投诉(SC)显著影响千禧一代对伊斯兰电子钱包的接受程度。此外,伊斯兰教法的投诉对伊斯兰电子钱包的接受程度有很大影响。相比之下,便利条件(FC)对伊斯兰电子钱包的接受度没有影响。本研究满足了模型拟合的所有要求。四个外生构念分别是绩效期望(PE)、努力期望(EE)、社会影响(SI)和促进条件(FC)。中介结构是行为意图(BI),内生结构是用户采用(UA)。除努力期望(EE)外,所有外生构念均显示显著p值。研究限制/影响:本文特别为数字经济提供了重要的影响,因为它目前正在人类生活的各个方面,无论是社会,宗教,金融交易,娱乐等等。数字经济的影响可以追溯到金融科技的出现。学术界讨论最少的领域之一是伊斯兰金融科技的采用。作为数字经济的一部分,本研究被认为有必要探讨伊斯兰金融科技意向中的消费者行为预测。原创性/价值:本文通过模型测量显示伊斯兰金融技术(电子钱包)意图,填补了现有金融技术文献中的空白。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Global Business and Finance Review
Global Business and Finance Review Economics, Econometrics and Finance-Finance
CiteScore
1.20
自引率
0.00%
发文量
37
审稿时长
16 weeks
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