Factors that determine customers acceptance of Ar Rahn financing in Selangor

Ar Rahn is a method of providing short-term financing by pledging jewelry to the financial institution as security. It is widely used to facilitate individual consumption and small business. The use of ArRahn is gaining prominence as an alternative to money lending which charges high-interest rate a...

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Main Authors:	Abdul Razak, Dzuljastri, Farha Nabila, Baharum
Format:	Article
Language:	English English
Published:	AESS Publications 2018
Subjects:	HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/67391/ http://irep.iium.edu.my/67391/ http://irep.iium.edu.my/67391/1/2.11.18%20Latest%20-2643-IJASS_Amended_SID-1.pdf http://irep.iium.edu.my/67391/7/20181109113019993.pdf

id	iium-67391
recordtype	eprints
spelling	iium-673912018-11-09T06:44:46Z http://irep.iium.edu.my/67391/ Factors that determine customers acceptance of Ar Rahn financing in Selangor Abdul Razak, Dzuljastri Farha Nabila, Baharum HG3368 Islamic Banking and Finance Ar Rahn is a method of providing short-term financing by pledging jewelry to the financial institution as security. It is widely used to facilitate individual consumption and small business. The use of ArRahn is gaining prominence as an alternative to money lending which charges high-interest rate and poses a burden to customers. The paper aims to determine the factors that affect customers’ acceptance on the use of ArRahn based on three variables namely concept, pricing and justice and fairness. The methodology was carried out by survey of 121 respondents in the state of Selangor. The result indicated that only pricing has significance relationship with customers’ acceptance. This result is useful to the practitioners so that they can emphasize on pricing as the main element in the marketing of Ar-Rahn to customers. The academician can benefit by conducting further research on this eminence body of knowledge. AESS Publications 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/67391/1/2.11.18%20Latest%20-2643-IJASS_Amended_SID-1.pdf application/pdf en http://irep.iium.edu.my/67391/7/20181109113019993.pdf Abdul Razak, Dzuljastri and Farha Nabila, Baharum (2018) Factors that determine customers acceptance of Ar Rahn financing in Selangor. Intenational Journal of Asian Social Science, x (xx-xx). pp. 1-10. ISSN 2226-5139 E-ISSN 2224-4441 (In Press) http:// www.aessweb.com
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG3368 Islamic Banking and Finance
spellingShingle	HG3368 Islamic Banking and Finance Abdul Razak, Dzuljastri Farha Nabila, Baharum Factors that determine customers acceptance of Ar Rahn financing in Selangor
description	Ar Rahn is a method of providing short-term financing by pledging jewelry to the financial institution as security. It is widely used to facilitate individual consumption and small business. The use of ArRahn is gaining prominence as an alternative to money lending which charges high-interest rate and poses a burden to customers. The paper aims to determine the factors that affect customers’ acceptance on the use of ArRahn based on three variables namely concept, pricing and justice and fairness. The methodology was carried out by survey of 121 respondents in the state of Selangor. The result indicated that only pricing has significance relationship with customers’ acceptance. This result is useful to the practitioners so that they can emphasize on pricing as the main element in the marketing of Ar-Rahn to customers. The academician can benefit by conducting further research on this eminence body of knowledge.
format	Article
author	Abdul Razak, Dzuljastri Farha Nabila, Baharum
author_facet	Abdul Razak, Dzuljastri Farha Nabila, Baharum
author_sort	Abdul Razak, Dzuljastri
title	Factors that determine customers acceptance of Ar Rahn financing in Selangor
title_short	Factors that determine customers acceptance of Ar Rahn financing in Selangor
title_full	Factors that determine customers acceptance of Ar Rahn financing in Selangor
title_fullStr	Factors that determine customers acceptance of Ar Rahn financing in Selangor
title_full_unstemmed	Factors that determine customers acceptance of Ar Rahn financing in Selangor
title_sort	factors that determine customers acceptance of ar rahn financing in selangor
publisher	AESS Publications
publishDate	2018
url	http://irep.iium.edu.my/67391/ http://irep.iium.edu.my/67391/ http://irep.iium.edu.my/67391/1/2.11.18%20Latest%20-2643-IJASS_Amended_SID-1.pdf http://irep.iium.edu.my/67391/7/20181109113019993.pdf
first_indexed	2023-09-18T21:35:41Z
last_indexed	2023-09-18T21:35:41Z
_version_	1777412804716789760

Factors that determine customers acceptance of Ar Rahn financing in Selangor

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