Factor influencing intention to use diminishing partnership home financing / Nurfadhilah Mohd Nor

Mohd Nor, Nurfadhilah (2015) Factor influencing intention to use diminishing partnership home financing / Nurfadhilah Mohd Nor. [Student Project] (Submitted)

Abstract

Diminishing partnership or Musharakah Mutanaqisah is the combination of the concepts of joint ownership and leasing. For example, in the context of home financing; first of all, the customer will enters into a partnership under the concept of joint ownership (Shirkah al-Milk) agreement with the bank. Then, the bank will leases the house to the customer under the concept of leasing (al-Ijarah). Diminishing partnership or Musharakah Mutanaqisah is the new concept introduced by Islamic banking industry for home financing contract as an alternative of the deferred payment sale (Bai' Bithaman Ajil) contract since Bai ' Bithaman Ajil arises many arguments by shariah scholars on how it's contract looks so much like conventional loan and seen as back door riba.This study attempts to examine the acceptance level of a new Islamic home financing concept, diminishing partnership (DP), by consumers in Malaysia using the theory of reasoned action as the guiding principle. Data for this study were collected by means of a self administered survey conducted on 100 post graduate students from Universiti Sains Malaysia (USM). Methodology used for this study is by using cross sectional data that were collected through a survey and analyzed by means of factor analysis, correlation and regression analysis.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Mohd Nor, Nurfadhilah
2012936201
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Hosin, Husnizam
UNSPECIFIED
Thesis advisor
Misman, Faridah Najuna
UNSPECIFIED
Subjects: H Social Sciences > HD Industries. Land use. Labor > Labor. Work. Working class > Housing
H Social Sciences > HG Finance > Credit. Debt. Loans
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Programme: Bachelor of Business Administrations (Hons) Islamic Banking
Keywords: Home financing
Date: 2015
URI: https://ir.uitm.edu.my/id/eprint/76770
Edit Item
Edit Item

Download

[thumbnail of 76770.pdf] Text
76770.pdf

Download (427kB)

Digital Copy

Digital (fulltext) is available at:

Physical Copy

Physical status and holdings:
Item Status:
On Shelf

ID Number

76770

Indexing

Statistic

Statistic details