Acceptability of cryptocurrency as an investment from the view of muslim investors in Malaysia
Cryptocurrency has made a notable contributions to the financial system in terms of technological advancement and it is widely used as an instrument to enhance the growth progress in developing countries. This can be seen by the fact that some communities already used cryptocurrency in merchant paym...
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my-uum-etd.96762022-07-27T08:19:38Z Acceptability of cryptocurrency as an investment from the view of muslim investors in Malaysia 2021 Aimi Sakinah, Saiful Bahri Abd Muin, Mohd Adib College of Business (COB) College of Business HF1-6182 Commerce HG Finance T Technology (General) Cryptocurrency has made a notable contributions to the financial system in terms of technological advancement and it is widely used as an instrument to enhance the growth progress in developing countries. This can be seen by the fact that some communities already used cryptocurrency in merchant payments and it has become one of the leading commodities in investment trading. However, despite the benefits that cryptocurrency possesses and the contributions it has made to humankind, the digital asset still receives countless criticisms including from Islamic scholars. This research objective is to analyse various factors that influence the acceptability of cryptocurrency as an investment from the view of Muslim investors in Malaysia. This study was assessed with the help of a theoretical knowledge of Unified Theory of Acceptance and Use of Technology (UTAUT) that extended the present limited research on the acceptability of cryptocurrency as an investment from Islamic view. This research was further evaluated with the assistance of a conceptual framework involving cryptocurrency issues, Securities Commission Malaysia Shariah Advisory Council (SC SAC) resolutions and Islamic scholars’ opinions that are self-developed and inspired by several authors. This study used a qualitative approach as the research method and the data were collected through interviews. The data were later analysed, classified and arranged into themes and sub-themes which were developed through coding methods. Eventually, the research concluded with suggestions and recommendations that might assist Muslim investors in making good investment decisions and encourage the government to evaluate and improve the regulation of the transaction mechanism for the purpose of making financial services more easier and accessible for humankind especially for the Muslim community. 2021 Thesis https://etd.uum.edu.my/9676/ https://etd.uum.edu.my/9676/1/s827369_01.pdf text eng 2024-08-15 staffonly https://etd.uum.edu.my/9676/2/s827369_02.pdf text eng public other masters Universiti Utara Malaysia |
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Universiti Utara Malaysia |
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UUM ETD |
language |
eng eng |
advisor |
Abd Muin, Mohd Adib |
topic |
HF1-6182 Commerce HG Finance T Technology (General) |
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HF1-6182 Commerce HG Finance T Technology (General) Aimi Sakinah, Saiful Bahri Acceptability of cryptocurrency as an investment from the view of muslim investors in Malaysia |
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Cryptocurrency has made a notable contributions to the financial system in terms of technological advancement and it is widely used as an instrument to enhance the growth progress in developing countries. This can be seen by the fact that some communities already used cryptocurrency in merchant payments and it has become one of the leading commodities in investment trading. However, despite the benefits that cryptocurrency possesses and the contributions it has made to humankind, the digital asset still receives countless criticisms including from Islamic scholars. This research objective is to analyse various factors that influence the acceptability of cryptocurrency as an investment from the view of Muslim investors in Malaysia. This study was assessed with the help of a theoretical knowledge of Unified Theory of Acceptance and Use of Technology (UTAUT) that extended the present limited research on the acceptability of cryptocurrency as an investment from Islamic view. This research was further evaluated with the assistance of a conceptual framework involving cryptocurrency issues, Securities Commission Malaysia Shariah Advisory Council (SC SAC) resolutions and Islamic scholars’ opinions that are self-developed and inspired by several authors. This study used a qualitative approach as the research method and the data were collected through interviews. The data were later analysed, classified and arranged into themes and sub-themes which were developed through coding methods. Eventually, the research concluded with suggestions and recommendations that might assist Muslim investors in making good investment decisions and encourage the government to evaluate and improve the regulation of the transaction mechanism for the purpose of making financial services more easier and accessible for humankind especially for the Muslim community. |
format |
Thesis |
qualification_name |
other |
qualification_level |
Master's degree |
author |
Aimi Sakinah, Saiful Bahri |
author_facet |
Aimi Sakinah, Saiful Bahri |
author_sort |
Aimi Sakinah, Saiful Bahri |
title |
Acceptability of cryptocurrency as an investment from the view of muslim investors in Malaysia |
title_short |
Acceptability of cryptocurrency as an investment from the view of muslim investors in Malaysia |
title_full |
Acceptability of cryptocurrency as an investment from the view of muslim investors in Malaysia |
title_fullStr |
Acceptability of cryptocurrency as an investment from the view of muslim investors in Malaysia |
title_full_unstemmed |
Acceptability of cryptocurrency as an investment from the view of muslim investors in Malaysia |
title_sort |
acceptability of cryptocurrency as an investment from the view of muslim investors in malaysia |
granting_institution |
Universiti Utara Malaysia |
granting_department |
College of Business (COB) |
publishDate |
2021 |
url |
https://etd.uum.edu.my/9676/1/s827369_01.pdf https://etd.uum.edu.my/9676/2/s827369_02.pdf |
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