Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu

Many Muslim customers are hesitant to patronise the conventional pawnbroking shops due to the element of interest which is prohibited in Islam. Amid the demand for a shariah-compliant pawnbroking product, the first Islamic pawnbroking was setup by Maidam in Terengganu. The establishment of Ar-Ra...

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Main Authors:	Abdul Rahman, Nur Najihah, Kassim, Salina
Format:	Article
Language:	English
Published:	Inderscience Enterprises Ltd 2017
Subjects:	H Social Sciences (General) HF Commerce HG3368 Islamic Banking and Finance HG3691 Credit
Online Access:	http://irep.iium.edu.my/60108/ http://irep.iium.edu.my/60108/ http://irep.iium.edu.my/60108/ http://irep.iium.edu.my/60108/1/004%20Najihah%20MEJM%204%281%29.pdf

id	iium-60108
recordtype	eprints
spelling	iium-601082018-02-01T02:31:49Z http://irep.iium.edu.my/60108/ Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu Abdul Rahman, Nur Najihah Kassim, Salina H Social Sciences (General) HF Commerce HG3368 Islamic Banking and Finance HG3691 Credit Many Muslim customers are hesitant to patronise the conventional pawnbroking shops due to the element of interest which is prohibited in Islam. Amid the demand for a shariah-compliant pawnbroking product, the first Islamic pawnbroking was setup by Maidam in Terengganu. The establishment of Ar-Rahnu provides a convenience form of credit financing which is both shariah-compliant and low cost for public to access financing. Since then, there are currently several private Ar-Rahnu providers offering Ar-Rahnu products such as Ar-Rahnu post office and Ar-Rahnu Bank Rakyat. This paper aims to review factors influencing acceptance of Ar-Rahnu between private and state Ar-Rahnu in Terengganu. This conceptual paper is primarily based on theoretical considerations, framework and models. In the first part, the paper will describe the development of the theories, and then review previous literature that provides on factors affecting customer acceptance on Ar-Rahnu. Meanwhile, the document analysis reviewed private and state Ar-Rahnu providers in Terengganu Inderscience Enterprises Ltd 2017 Article PeerReviewed application/pdf en http://irep.iium.edu.my/60108/1/004%20Najihah%20MEJM%204%281%29.pdf Abdul Rahman, Nur Najihah and Kassim, Salina (2017) Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu. Middle East Journal of Management, 4 (1). pp. 39-64. ISSN 2050-3636 E-ISSN 2050-3644 https://www.inderscienceonline.com/doi/abs/10.1504/MEJM.2017.083711 10.1504/MEJM.2017.083711
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	H Social Sciences (General) HF Commerce HG3368 Islamic Banking and Finance HG3691 Credit
spellingShingle	H Social Sciences (General) HF Commerce HG3368 Islamic Banking and Finance HG3691 Credit Abdul Rahman, Nur Najihah Kassim, Salina Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu
description	Many Muslim customers are hesitant to patronise the conventional pawnbroking shops due to the element of interest which is prohibited in Islam. Amid the demand for a shariah-compliant pawnbroking product, the first Islamic pawnbroking was setup by Maidam in Terengganu. The establishment of Ar-Rahnu provides a convenience form of credit financing which is both shariah-compliant and low cost for public to access financing. Since then, there are currently several private Ar-Rahnu providers offering Ar-Rahnu products such as Ar-Rahnu post office and Ar-Rahnu Bank Rakyat. This paper aims to review factors influencing acceptance of Ar-Rahnu between private and state Ar-Rahnu in Terengganu. This conceptual paper is primarily based on theoretical considerations, framework and models. In the first part, the paper will describe the development of the theories, and then review previous literature that provides on factors affecting customer acceptance on Ar-Rahnu. Meanwhile, the document analysis reviewed private and state Ar-Rahnu providers in Terengganu
format	Article
author	Abdul Rahman, Nur Najihah Kassim, Salina
author_facet	Abdul Rahman, Nur Najihah Kassim, Salina
author_sort	Abdul Rahman, Nur Najihah
title	Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu
title_short	Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu
title_full	Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu
title_fullStr	Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu
title_full_unstemmed	Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu
title_sort	factors influencing acceptance of ar-rahnu: comparison between private and state ar-rahnu providers in terengganu
publisher	Inderscience Enterprises Ltd
publishDate	2017
url	http://irep.iium.edu.my/60108/ http://irep.iium.edu.my/60108/ http://irep.iium.edu.my/60108/ http://irep.iium.edu.my/60108/1/004%20Najihah%20MEJM%204%281%29.pdf
first_indexed	2023-09-18T21:25:12Z
last_indexed	2023-09-18T21:25:12Z
_version_	1777412144648683520

Factors influencing acceptance of Ar-Rahnu: Comparison between private and state Ar-Rahnu providers in Terengganu

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