Shari’ah-Compliant E-Commerce Models and Consumer Trust

Ardiansyah, Muhammad Kholifatul I; Yunizar, Yunizar; Harsanto, Budi

doi:10.15408/aiq.v8i2.2913

Cited by 3 publications

(2 citation statements)

References 2 publications

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“…It used to happen in which the subject matter is concealed from the buyer without he or she knowing exactly its future result. In the sense of on-line transactions there are also three major concerns pertaining to gharar; the uncertainties over the products or the services itself, uncertainties over pricing, delivery and deferment (Muhammad Kholifatul, 2016).…”

Section: Issues Of Gharar (Uncertainty)mentioning

confidence: 99%

The Application of Shariah Principle in E-commerce Transaction: A Model Development

Muhammad¹,

Amboala²,

Salleh³

et al. 2019

RWE

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Issues concerning purchasing on-line, the medium of transaction via on-line or Internet, e-payment mode are among new challenges that require Islamic scholars and researchers to broaden the scope of definition of Shariah compliance e-commerce transaction. As Malaysia is heading towards e-commerce and purchasing on-line has no longer a new trend; the challenges arise for solution in accordance with Shariah principles. This paper will propose a model that comprises several components namely, the core Shariah component itself, sound technological means and regulatory body that supports e-commerce transactions.

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Section: Issues Of Gharar (Uncertainty)mentioning

confidence: 99%

The Application of Shariah Principle in E-commerce Transaction: A Model Development

Muhammad¹,

Amboala²,

Salleh³

et al. 2019

RWE

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“…This paper focuses solely on concepts of religious values from among a set of elements that can be defined on the concept of social values. An Archway function can be defined to transfer the vector spaces derived from equation (2) to the religious values space (Murphy et al , 2016; Ardiansyah et al , 2016; Alqahtani, 2016). As stated, in this article, by customer, we mean a function such as equation (3).…”

Section: Customer Definition In B2cmentioning

confidence: 99%

A mathematical model to adopt B2C ecommerce based on special customer requirement in social values with an emphasis on Islamic beliefs

Saleh

Khaneghah

Shadnosh

et al. 2019

JIMA

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Purpose This paper aims to propose a mathematical model for describing and clarifying the relationships among the indicators governing the social values of special customers in business-to-consumer (B2C) e-commerce systems. This mathematical model is also able to describe the degree of adaptability of e-commerce systems to the social values of specific clients, and commercial firms are able to use the parameters described in this paper to increase the versatility and has the power to trade with special customers in different areas. Design/methodology/approach In this paper, while analyzing the issue of trading from the point of view of the customer as an element of trading, the affecting factors the trading space have been extracted. These affecting factors are categorized in three major groups: culture, technology and customers. This classification is based on the e-commerce and developing the traditional commerce. Using the mapping functions, the effects of each element in these three spaces on the concept of social values have been analyzed. The result of this analysis is the mathematical model governing each parameter and its semantic relation with the concept of social value. Findings The presence of a mathematical model between the indicators influencing the model adaptability and social values space allows e-commerce system designers to be able to make decisions on the adaptability of the model with a quantitative approach. To examine the proposed mathematical models, important frameworks and patterns in the field of e-commerce have been analyzed with an Islamic approach, as one of the adaptations of B2C e-commerce model. Research limitations/implications Regarding the innovation of the work, the case has been made, and the concept of social value and the model governing the elements of social values in this paper, in a B2C e-commerce model, has been discussed in general; the problem is parametric solved. Practical implications One of the key concepts in commerce is the ability of the commerce model to adapt to the requirements of special customers. This is more important in costumer-based e-commerce models. In these types of systems, if the commerce cannot match the customer’s characteristics, it will not be accepted and used by customers. This is especially more important in the field of social values for customers. Originality/value In this paper, a mathematical model is presented to examine the adaptability of e-commerce systems to the social values of special customers. In examining this model, the relationship between each element affecting the social value of specific customers and the factors affecting trade has been studied.

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Application of Personalized Automatic Recommendation Algorithm Based on Big Data Technology—Taking Logistics as the Analysis Object

Sun

2023

2023 International Conference on Networking, Informatics and Computing (ICNETIC)

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Shari’ah-Compliant E-Commerce Models and Consumer Trust

Cited by 3 publications

References 2 publications

The Application of Shariah Principle in E-commerce Transaction: A Model Development

The Application of Shariah Principle in E-commerce Transaction: A Model Development

A mathematical model to adopt B2C ecommerce based on special customer requirement in social values with an emphasis on Islamic beliefs

Application of Personalized Automatic Recommendation Algorithm Based on Big Data Technology—Taking Logistics as the Analysis Object

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