Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia

Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia

Islamic pawn broking (Ar-Rahnu) is considered as an instrument that serves as immediate and fast financial service. Islam deems the contract as a charitable and voluntary contract (tabarru'). According to this perspective of Islam, the conventional pawn broking operates in the opposite side, t...

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Main Author: Abdi, Mohamed Farah
Format: Thesis
Language:eng
eng
Published: 2015
Subjects:
BP Islam
Bahaism
Theosophy, etc
HG Finance
Online Access:https://etd.uum.edu.my/4921/1/s816860.pdf
https://etd.uum.edu.my/4921/2/s816860_abstract.pdf
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id my-uum-etd.4921
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Othman, Azizah
topic BP Islam
Bahaism
Theosophy, etc
HG Finance
spellingShingle BP Islam
Bahaism
Theosophy, etc
HG Finance
Abdi, Mohamed Farah
Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia
description Islamic pawn broking (Ar-Rahnu) is considered as an instrument that serves as immediate and fast financial service. Islam deems the contract as a charitable and voluntary contract (tabarru'). According to this perspective of Islam, the conventional pawn broking operates in the opposite side, that is providing a financial service by pledging the customer‟s assets and charging interest as a result of money loaned out, whereas, Ar-Rahnu service is based on three principles, which are Qardhul Hassan, Wadiah, and Ujrah. The Wadiah principle is then categorized into two types, which are Yad Amanah and Yad Dhamanah. This paper is an attempt to determine the customer‟s intention to use Ar-Rahnu service by investigating five dimensions, which are attitude, social influence, religious obligation, pricing system and intention to use. The aims of this paper is to identify the differences of intention to use Islamic pawn broking (Ar-Rahnu) based on the demographic factors of (gender, age, educational level, monthly income level) and, to determine the relationship between (attitude, social influence, religious obligation, pricing system) and the intention to use Islamic pawn broking (Ar-Rahnu), and to examine the factors that influences mostly the intention to use Islamic pawn broking (Ar-Rahnu). The study has targeted certain population, that is, Uniutama Property SDN.BHD (UPSB) employees at University Utara Malaysia. The study employed a quantitative type of research using questionnaire and the sample comprised of 217 respondents. The result obtained from this study, reveals that the customer‟s uses Ar-Rahnu service for mostly two reasons or factors, which are social influence and religious obligation. Therefore, this study provided great contributions, implications and has recommended both the government and financial institutions on how to improve Ar-Rahnu usage
format Thesis
qualification_name masters
qualification_level Master's degree
author Abdi, Mohamed Farah
author_facet Abdi, Mohamed Farah
author_sort Abdi, Mohamed Farah
title Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia
title_short Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia
title_full Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia
title_fullStr Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia
title_full_unstemmed Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia
title_sort determinants of customer’s intention to use islamic pawn broking (ar-rahnu) scheme: a case study of (upsb) staffs in university utara malaysia
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2015
url https://etd.uum.edu.my/4921/1/s816860.pdf
https://etd.uum.edu.my/4921/2/s816860_abstract.pdf
_version_ 1747827829123317760
spelling my-uum-etd.49212021-03-18T00:14:15Z Determinants of customer’s intention to use Islamic pawn broking (Ar-Rahnu) scheme: A case study of (UPSB) staffs in University Utara Malaysia 2015 Abdi, Mohamed Farah Othman, Azizah Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business BP Islam. Bahaism. Theosophy, etc HG Finance Islamic pawn broking (Ar-Rahnu) is considered as an instrument that serves as immediate and fast financial service. Islam deems the contract as a charitable and voluntary contract (tabarru'). According to this perspective of Islam, the conventional pawn broking operates in the opposite side, that is providing a financial service by pledging the customer‟s assets and charging interest as a result of money loaned out, whereas, Ar-Rahnu service is based on three principles, which are Qardhul Hassan, Wadiah, and Ujrah. The Wadiah principle is then categorized into two types, which are Yad Amanah and Yad Dhamanah. This paper is an attempt to determine the customer‟s intention to use Ar-Rahnu service by investigating five dimensions, which are attitude, social influence, religious obligation, pricing system and intention to use. The aims of this paper is to identify the differences of intention to use Islamic pawn broking (Ar-Rahnu) based on the demographic factors of (gender, age, educational level, monthly income level) and, to determine the relationship between (attitude, social influence, religious obligation, pricing system) and the intention to use Islamic pawn broking (Ar-Rahnu), and to examine the factors that influences mostly the intention to use Islamic pawn broking (Ar-Rahnu). The study has targeted certain population, that is, Uniutama Property SDN.BHD (UPSB) employees at University Utara Malaysia. The study employed a quantitative type of research using questionnaire and the sample comprised of 217 respondents. The result obtained from this study, reveals that the customer‟s uses Ar-Rahnu service for mostly two reasons or factors, which are social influence and religious obligation. Therefore, this study provided great contributions, implications and has recommended both the government and financial institutions on how to improve Ar-Rahnu usage 2015 Thesis https://etd.uum.edu.my/4921/ https://etd.uum.edu.my/4921/1/s816860.pdf text eng public https://etd.uum.edu.my/4921/2/s816860_abstract.pdf text eng public masters masters Universiti Utara Malaysia Al-Qur‟an Translation, http://quran.com/ Al-Bukhari, M. B. (810-870M/194–256H). Al-Jami’ al-Musnad Al-Sahih al-Mukhtasar Min Umur Rasulillah Wa Sunanihi Wa Ayyamihi (1st ed., Vol. 4). Dar Tauq al-Najah. Amina, H., R. Chonga, et al. (2007). "An Ar-Rahnu shop acceptance model (ARSAM)." Amin, H. and R. Chong (2011). "Determinants for ar-Rahnu usage intentions: An empirical investigation." African Journal of Business Management 5(20): 8181-8191. 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