Factors influencing the customers' selection towards diminishing partnership home financing: an empirical study
This research paper sought to investigate the selection criteria that influence customers in adopting Islamic home financing based on diminishing partnership concept. It is to determine the key factors among selection criteria of home financing, where the factors of ranking will be provided. A str...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/38927/ http://irep.iium.edu.my/38927/ http://irep.iium.edu.my/38927/1/Nur_Harena-_IBMC2014_Redzuan_and_Razak%281%29.pdf http://irep.iium.edu.my/38927/2/IBMC_20140001%284%29.pdf |
| Summary: | This research paper sought to investigate the selection criteria that influence customers in adopting Islamic home
financing based on diminishing partnership concept. It is to determine the key factors among selection criteria of
home financing, where the factors of ranking will be provided. A structured questionnaire was developed to the
target population of existing home financing customers as well as potential home financing customers. 143
respondents were sampled from the target population using purposive sampling. The study is conducted by using
Exploratory Factor Analysis (EFA). The finding shows that the factors influence customers to select the
diminishing partnership home financing are in the following rank order: Shariah compliance, Promotion of societal
well-being and equitable distribution, Overall view and preference, Method of computing and pricing, Concept of
equity financing and Justice and equality. |
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