Customers’ attitude upon diminishing partnership home financing in Islamic banking.

Problem statement: Diminishing partnership or musharakah mutanaqisah contract in home financing is recently introduced by the Islamic banking industry as an alternative of the bay bi’thaman ajil contract which has received many criticism from shariah scholars as mimicking conventional loan. This stu...

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Bibliographic Details
Main Authors:	Abduh, Muhamad, Razak, Dzuljastri Abdul
Format:	Conference or Workshop Item
Language:	English
Published:	2013
Subjects:	HG1501 Banking
Online Access:	http://irep.iium.edu.my/30753/ http://irep.iium.edu.my/30753/1/Abduh_Poster_No_3.pptx

id	iium-30753
recordtype	eprints
spelling	iium-307532013-09-13T06:56:35Z http://irep.iium.edu.my/30753/ Customers’ attitude upon diminishing partnership home financing in Islamic banking. Abduh, Muhamad Razak, Dzuljastri Abdul HG1501 Banking Problem statement: Diminishing partnership or musharakah mutanaqisah contract in home financing is recently introduced by the Islamic banking industry as an alternative of the bay bi’thaman ajil contract which has received many criticism from shariah scholars as mimicking conventional loan. This study aims to examine customers’ attitude upon diminishing partnership home financing and their intention to subscribe into the financing scheme. Approach: This study gauges customers’ perception on the salient features of diminishing partnership home financing from Islamic banks through a survey of 504 respondents comprise officers, managers and academician in Kuala Lumpur. The structural equation modeling was utilized to find out factors that influence customers’ intention for diminishing partnership home financing under the framework of the theory of reasoned action. Results: The main finding indicates that customers perceived the equity sharing features in diminishing partnership home financing mode differ from the conventional loan and other existing Islamic home financing modes. The result from structural equation modeling shows that customers’ intention for diminishing partnership is more influenced by their subjective norms compared to their attitude toward diminishing partnership home financing. Conclusion: The customers have perceived diminishing partnership as more shariah compliant than bay bi’thaman ajil. Afterwards, opinions from people perceived important by customers are giving more influence towards their decision making process. 2013-02 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/30753/1/Abduh_Poster_No_3.pptx Abduh, Muhamad and Razak, Dzuljastri Abdul (2013) Customers’ attitude upon diminishing partnership home financing in Islamic banking. In: IIUM Research, Invention and Innovation Exhibition (IRIIE) 2013, 19-20th February 2013, Cultural Activity Centre (CAC) and KAED Gallery, IIUM.
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG1501 Banking
spellingShingle	HG1501 Banking Abduh, Muhamad Razak, Dzuljastri Abdul Customers’ attitude upon diminishing partnership home financing in Islamic banking.
description	Problem statement: Diminishing partnership or musharakah mutanaqisah contract in home financing is recently introduced by the Islamic banking industry as an alternative of the bay bi’thaman ajil contract which has received many criticism from shariah scholars as mimicking conventional loan. This study aims to examine customers’ attitude upon diminishing partnership home financing and their intention to subscribe into the financing scheme. Approach: This study gauges customers’ perception on the salient features of diminishing partnership home financing from Islamic banks through a survey of 504 respondents comprise officers, managers and academician in Kuala Lumpur. The structural equation modeling was utilized to find out factors that influence customers’ intention for diminishing partnership home financing under the framework of the theory of reasoned action. Results: The main finding indicates that customers perceived the equity sharing features in diminishing partnership home financing mode differ from the conventional loan and other existing Islamic home financing modes. The result from structural equation modeling shows that customers’ intention for diminishing partnership is more influenced by their subjective norms compared to their attitude toward diminishing partnership home financing. Conclusion: The customers have perceived diminishing partnership as more shariah compliant than bay bi’thaman ajil. Afterwards, opinions from people perceived important by customers are giving more influence towards their decision making process.
format	Conference or Workshop Item
author	Abduh, Muhamad Razak, Dzuljastri Abdul
author_facet	Abduh, Muhamad Razak, Dzuljastri Abdul
author_sort	Abduh, Muhamad
title	Customers’ attitude upon diminishing partnership home financing in Islamic banking.
title_short	Customers’ attitude upon diminishing partnership home financing in Islamic banking.
title_full	Customers’ attitude upon diminishing partnership home financing in Islamic banking.
title_fullStr	Customers’ attitude upon diminishing partnership home financing in Islamic banking.
title_full_unstemmed	Customers’ attitude upon diminishing partnership home financing in Islamic banking.
title_sort	customers’ attitude upon diminishing partnership home financing in islamic banking.
publishDate	2013
url	http://irep.iium.edu.my/30753/ http://irep.iium.edu.my/30753/1/Abduh_Poster_No_3.pptx
first_indexed	2023-09-18T20:44:59Z
last_indexed	2023-09-18T20:44:59Z
_version_	1777409614752514048

Customers’ attitude upon diminishing partnership home financing in Islamic banking.

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