Analyzing environmental factors for predicting the adoption of Islamic Financing Facilities among Halalcertified Companies in Malaysia / Hazalina Mat Soha ... [et al.]

Mat Soha, Hazalina and Mat Junoh, Mohd Zukime and Tunku Ahmad, Tunku Salha and Islam, Md. Aminul (2023) Analyzing environmental factors for predicting the adoption of Islamic Financing Facilities among Halalcertified Companies in Malaysia / Hazalina Mat Soha ... [et al.]. Journal of Academia, 11. pp. 87-95. ISSN 2289-6368

Abstract

This study investigates the environmental factors on the intention to adopt Islamic financing facilities among halal-certified companies in Malaysia. The research utilizes Technology, Organization, and Environmental (TOE) framework as underlying theory, with a specific focus on environmental factors. A relevant questionnaire was designed and distributed among the owners or managers of halal certified companies in Malaysia. Data from 237 halal-certified companies were collected after a simple random sampling selection. The hypotheses were tested using a Structural equation modelling with SmartPLS. The findings show that competitive pressure has a significant positive impact on the intention to adopt Islamic financing facilities, while customer pressure have no significant impact. Also, this study provides crucial insight to bank managers regarding the development of effective strategies aimed at enhancing the adoption of Islamic financing facilities among halal-certified companies

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Mat Soha, Hazalina
UNSPECIFIED
Mat Junoh, Mohd Zukime
UNSPECIFIED
Tunku Ahmad, Tunku Salha
UNSPECIFIED
Islam, Md. Aminul
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Personal finance. Financial literacy
Divisions: Universiti Teknologi MARA, Negeri Sembilan
Journal or Publication Title: Journal of Academia
UiTM Journal Collections: UiTM Journal > Journal of Academia (JoA)
ISSN: 2289-6368
Volume: 11
Page Range: pp. 87-95
Keywords: Islamic Financing Facilities, Competitive Pressure, Customer Pressure, Halal-Certified Companies, Malaysia.
Date: October 2023
URI: https://ir.uitm.edu.my/id/eprint/87603
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