Determinants of Intention to Adopt Equity-Based Financing During the Covid-19 Pandemic: A Malaysian Perspective

IF 0.1 N/A RELIGION global journal al thaqafah Pub Date : 2022-06-30 DOI:10.7187/gjatsi062022-7

Mohamad, S.N. A., Basah, M. Y. A.

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引用次数: 1

Abstract

The purpose of this paper is to empirically investigate the factors that affect Malaysian users’ financing to participate in using Equity-based Financing (Musharakah & Mudharabah) or known as EBF. This study applied the theory of planned behavior (TPB) as the underlying theory to analyze the determinants that influence the intention of Malaysian users’ of financing to participate in EBF. The analysis was conducted using Structural Equation Modelling (SEM), with a total of 250 respondents. According to the findings, only attitudes (ATT) about equity-based financing (EBF) had a positive and significant impact on Malaysian users of financing involvement in EBF during pandemic Covid-19. Subjective Norms (SNORMS) and Perceived Behavioral Control (PBControl) turn out to be non-significant factors for users of financing in Malaysia. The results of the study could lead to advancements towards Islamic banking and finance, as well as positive implications for practitioners. Focusing on ATT to establish customer-oriented products of financing connections within banks could help EBF applications be better managed. This study applied TPB for the first time to Malaysian users’ financial decisions in the area of EBF during the pandemic Covid-19.

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2019冠状病毒病大流行期间采取股权融资意向的决定因素:马来西亚视角

本文的目的是实证研究影响马来西亚用户融资参与使用股权融资(Musharakah & Mudharabah)或称为EBF的因素。本研究运用计划行为理论(TPB)作为基础理论，分析影响马来西亚融资用户参与EBF意愿的决定因素。分析是使用结构方程模型(SEM)进行的，共有250名受访者。根据调查结果，在2019冠状病毒病大流行期间，只有对股权融资(EBF)的态度(ATT)对参与EBF融资的马来西亚用户产生了积极而重大的影响。主观规范(snorm)和感知行为控制(PBControl)对马来西亚的融资用户来说是不显著的因素。这项研究的结果可能会导致伊斯兰银行和金融的进步，以及对从业者的积极影响。以ATT为重点，在银行内部建立以客户为导向的融资联系产品，有助于更好地管理EBF申请。本研究首次将TPB应用于2019冠状病毒病大流行期间EBF领域的马来西亚用户的财务决策。

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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global journal al thaqafah RELIGION-

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0.20

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期刊介绍： Global Journal Al-Thaqafah (GJAT) is a biannual journal, published by Universiti Sultan Azlan Shah (USAS), Perak, MALAYSIA. This journal is purely academic and peer reviewed. It caters to articles, research notes and reports, and book reviews on diverse topics relating to Islam and the Muslims. This journal is intended to provide an avenue for researchers and academics from all persuasions and traditions to share and discuss differing views, new ideas, theories, research outcomes, and socio-cultural and socio-political issues that impact on and directly or indirectly affect the Muslim World with the sole purpose of making this world a better place to live in. GJAT started in 2011 and was later granted the SCOPUS status in March 2014. Since then, GJAT has published numerous articles and materials from international contributors. GJAT welcomes contributions from all: academics, experts, and professionals. All articles submitted must be original, academic, of high scholarly standard, and meet the strict SCOPUS requirements. GJAT prioritizes articles that discuss fundamental issues and are of global relevance and importance, and publishes all articles that fulfill the basic criteria without prejudice (kindly refer to "Submission and Guidelines"). All decisions by GJAT to publish any article are final.