Determinants of Online Waqf Acceptance: An Empirical Investigation

Amin, Hanudin; Abdul‐Rahman, Abdul Rahim; Ramayah, T.; Supinah, Rostinah; Mohd-Aris, Masmurniwati

doi:10.1002/j.1681-4835.2014.tb00429.x

Cited by 64 publications

(102 citation statements)

References 31 publications

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“…Ajzen (1991, p. 188) defined attitude as "the degree to which a person has a favorable or unfavorable evaluation or appraisal of the behavior in question." Previous studies have established that attitude can predict the behavioral intention to patronize Islamic financial services instrument (Abdul Amin, 2012;Amin, Abdul Rahman, and Abdul Razak, 2013;Amin et al, 2014a, b;Amin, Rahman, and Ramayah, 2013;Sharma et al, 2016). Although there are numerous studies on the behavioral intention to choose IHF instrument such as MM (Amin, Abdul Rahman, and Abdul Razak, 2013;Amin et al, 2014a, b;Md Taib et al, 2008;Usman and Lizam, 2016), it is interesting to note that most of them were carried out on ICB context, and none was done within the context of financial cooperatives.…”

Section: Conceptual Framework and Hypotheses Developmentmentioning

confidence: 99%

“…Ajzen (1991, p. 188) defined perceived behavioral control as "perceived ease or difficulty of performing the behavior and it is assumed to reflect past experience as well as anticipated impediments and obstacles." Within the domain of Islamic financial services selection studies, perceived behavioral control was determined to have a significant effect on the behavioral intention (Amin, Abdul Rahman, and Abdul Razak, 2013;Amin, Rahman, and Ramayah, 2013;Amin et al, 2014a, b;Usman and Lizam, 2016). However, in this model, the participants must join a financial cooperative for at least six months and save up enough money in the FC shares that eventually equal to the down payment required to buy their house.…”

Section: Subjective Normmentioning

confidence: 99%

“…The study sample was made up from the Greater Kuala Lumpur (Kuala Lumpur and Selangor), Negeri Sembilan, and Sabah. Studies on IHF instruments, for example, revolve around either West Malaysia (mainly in the Greater Kuala Lumpur region) (Abdul Razak and Md Taib, 2011) or East Malaysia (Amin, 2008;Amin et al, 2009Amin et al, , 2014aAmin, Abdul Rahman, and Abdul Razak, 2013;Ramayah, 2013, Amin, Rahman, andRazak et al, 2014). Generally, studies incorporating samples from both regions are scarce.…”

Section: Perceived Cost Advantages Of the Cwfcmm Modelmentioning

confidence: 99%

“…Ajzen (1991, p. 188) defined subjective norm as the "perceived social pressure to perform or not to perform the behavior." In Islamic financial services selection studies, social pressure especially from family members, close friends, and influential figures has been found to be a significant predictor of behavioral intention (Abdul Amin, 2012Amin, , 2013Amin, Abdul Rahman, and Abdul Razak, 2013;Amin, Rahman, and Ramayah, 2013;Amin et al, 2014a, b;Md Taib et al, 2008;Md Husin et al, 2016;Usman and Lizam, 2016). Therefore, if those important to them expect them to participate in schemes that are permissible by shari'ah, their intention to participate in the CWFCMM Model would be very very likely high or vice versa.…”

mentioning

confidence: 99%

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Nexus between risk sharing vs non-risk sharing financing and economic growth of Bangladesh

Chowdhury

Akbar²,

Shoyeb

2018

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and finally, Quoc Cuong Phan and Taha Bhatti for the excellent research assistance in managing some of the papers in this issue. 646 MF 44,6 regarding the effect of these two variables to risk exposure and efficacy of both Islamic and conventional banking systems. In order to add more value to current literature with reference to the differences between Islamic and conventional banking systems, Bougatef and Korbi aimed to study the factors that explain intermediation margins under both Islamic and conventional banks operating in the Middle East and North Africa. By using the dynamic panel modeling approach, they revealed different determinants of net profit margins under these two systems. Utilizing various methodologies including Markowitz's (1952) portfolio optimization, visual data representations and the classic Fama-Macbeth (1973) two-pass procedure regressions, Cheong investigated the ability of the Islamic Gold Dinar to hedge against foreign exchange market volatility. His findings documented a new hedging instrument to diversify investors' currency portfolios. In the later article, Chowdhury, Akbar and Mohammad examined the relationship between Islamic financing principles and economic growth in Bangladesh using auto regressive distributive lags. Having considered all annual reports of Islamic banks in Bangladesh, this group of authors shed light on how the economic growth responds to the risk sharing and non-risk sharing instruments. In the wake of the GFC, predicting financial distress in banking systems has been increasingly more critical in order to prevent future economic downturns. In their paper, Halteh and his co-authors; Kumar and Gepp aimed to forecast the failure by using cutting-edge stochastic models including decision trees, stochastic gradient boosting and random forests to study 101 international publicly listed Islamic banks. Their findings add value to the literature on the issue of Islamic banking and predicting financial distress. To examine the differences in investors' perceptions concerning the response to the issuance of Sukuk and conventional bonds, Hassan, Ahmed and Rayfield observed significantly negative abnormal returns before and after the announcement date of Sukuk issuance. By utilizing linear and logistic regression models, they found an interesting connection: first, between firms' characteristics and these abnormal returns; and second, issuers' preferences between issuing Sukuk and conventional bonds. Mahmood, Gan and Nguyen, by utilizing the two-step system GMM estimation technique on 55 full-fledged Islamic banks from 11 different countries, have analyzed various factors at both firm-specific and macroeconomic levels, in order to explore their impacts on maturity transformation risk. This paper makes an important contribution to studying maturity transformation risk which is considered one of the major causes of the global financial crisis. Md Zabri and Mohammed examined the acceptability of the Cash Waqf-financial cooperative-Musharakah Mutanaqisah (MM) home financing...

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Section: Conceptual Framework and Hypotheses Developmentmentioning

confidence: 99%

Section: Subjective Normmentioning

confidence: 99%

Section: Perceived Cost Advantages Of the Cwfcmm Modelmentioning

confidence: 99%

mentioning

confidence: 99%

See 2 more Smart Citations

Nexus between risk sharing vs non-risk sharing financing and economic growth of Bangladesh

Chowdhury

Akbar²,

Shoyeb

2018

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show abstract

“…For instance, the Chinese cultural concept of guanxi (together with allied terms such as renqing , mianzi , ganqing , huibao , and hexie ) has been drawn on by a few IS scholars in their theorising (see, for instance, Martinsons, ; Ou, Pavlou, & Davison, ; Young, Kuo, & Myers, ). There is also a small number of studies of indigenous concepts in other societal cultures, including waqf (Arab), sanuk (Thai), hygge (Danish/Norwegian), sisu (Finnish), and jugaad (Indian) (Amin, Abdul‐Rahman, Ramayah, & Supinah, ; Radjou, Prabhu, & Ahuja, ).…”

mentioning

confidence: 99%

Promoting indigenous theory

Davison

Andrade

2018

Information Systems Journal

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In the information systems (IS) discipline, we routinely expect contributing authors to our premier journals to make significant contributions to both theory and practice. Theories are considered to be important for a number of reasons, including their facilitation of the systematic treatment of a topic, their sense-making potential, their explanation and prediction of some aspects of human behaviour, and their ability to abstract our knowledge to the most fundamental and universal ideas, thereby demonstrating underlying patterns and conceptual relationships. Lee and Baskerville (2003, 2012) suggest that theory plays a role in the generalisation of research findings, since findings from one study can be generalised to theory (either by creating a new theory or by modifying an existing theory) and a theory can be validated in a context different to the one where it was originally developed, thereby leading to further generalisation of the ideas. Theory should therefore be practical, helping us to advance knowledge, guiding researchers towards the essential questions, and ultimately enlightening both the academy and practice (Poole & Van de Ven, 1989). However, theory should also be appropriate to the context where it is applied if we are to reach an accurate understanding about the phenomenon investigated. An inappropriately applied theory could be very dangerous since the assumptions that frame the theory may not exist in a context different to the one where it was created.Although the benefits of theory are well recognised, the actual process of theorising is less well understood.Mathiassen's (2017) reinterpretation of Van de Ven's (2007) work on engaged scholarship to propose a model for theorising is a useful example, as is Martinsons, Davison, and Ou's (2015) process theory for theoretical development.Theorising often blends concepts culled from a thorough review of both the literature and the focal phenomenon in a specific context.Theoretical perspectives reflect the circumstances of a particular context. For instance, The Art of War, a military treatise attributed to Sun Tsu, was written in a time characterised by conflict between royal authority and local feudal lords in the years preceding the formation of Imperial China. Aristotelian thought, which laid the foundations of western civilisation, can be traced back to Plato's Academy. Caliph Al-Ma'mun, who had a great interest in astronomy, sponsored Al-Khwārizmī's prolific work on mathematics. Machiavelli's The Prince was inspired by the political intrigues affecting the Florentine Republic. These ideas did not develop in a vacuum; they flourished in a propitious environment. Their intrinsic significance for understanding our world, combined with historical processes, in which political influence, economic pressure, and military power played a role, contributed to their dissemination and adoption as part of accepted "universal" knowledge. However, this accepted "universal" knowledge often overwhelms and confines, if not silences, local expressions of know...

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Considering context in information systems research: Understanding the conditions of developing country scholarship

Ramadani

Almaarif

2021

E J Info Sys Dev Countries

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Research on information systems (IS) in developing countries focuses on understudied contexts that recent scholars believe have the potential to provide new knowledge. However, the extant discussion on this endeavor rarely considers IS scholars inside the developing countries who could be the ideal discoverers of such context-specific knowledge. In this study, we review the facilitating conditions of the discovery of new theories to examine IS research in the case of Indonesia. We then interview experienced Indonesian IS scholars to develop a richer understanding of the IS scholarship's conditions. We found that while considering and theorizing context have been interests by a small group, the extant efforts are intertwined by the lack of exposure to myriad research epistemology/methodology, the infancy state of IS as a discipline, and the tendency to address convenient rather than crucial research questions, all of which are manifested in a complex institutional environment. We then provide important pathways and future agendas to strengthen and advance IS scholarship in developing countries.

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Determinants of Online Waqf Acceptance: An Empirical Investigation

Cited by 64 publications

References 31 publications

Nexus between risk sharing vs non-risk sharing financing and economic growth of Bangladesh

Nexus between risk sharing vs non-risk sharing financing and economic growth of Bangladesh

Promoting indigenous theory

Considering context in information systems research: Understanding the conditions of developing country scholarship

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