The impact of religious beliefs on attitude towards Islamic payment methods: a study of Malaysian individuals in Turkey / Siti Nur Azmina Md Zan and Mohammad Ghaith Mahaini

Existing literature has explored broader aspects of Islamic finance with regards to cultural adaption or social integration, yet there remains a notable gap in research delving into the intricate interplay of religious beliefs and Islamic financial preferences. The aim of this study to address this gap by examining the impacts that influence attitude towards Islamic payment methods among Malaysian individuals in Turkey, with a focus on religious beliefs using six indicators representing religious belief as independent variables. The data were collected through a survey of 37 respondents and limits to Malaysian muslim citizens and reside in Turkey for at least 3 months in a period of time. The data analysis is carried by employing the partial least squares (PLS) technique to test the hypotheses. The findings of this study indicates that religious belief significantly impact on attitude towards Islamic payment method among Malaysian individuals in Turkey. The practical implications stress the importance of a comprehensive approach for Islamic financial institutions and policymakers to facilitate an interactive connection between religious beliefs and the evolving landscape of Islamic payment methods. These implications, which include (1) tailoring financial products, (2) market segmentation, (3) educational initiatives, (4) customer-centered solutions, and (5) supportive regulatory frameworks, underscore the necessity for a holistic strategy.