Cover Image

Trust motivates funders to participate in Shari’ah crowdfunding

The fourth industrial revolution has influenced many sector including Islamic Finance. The digital revolution has changed the traditional crowdfunding through the usage of technology with smart applications on mobile phones and websites. Among the advantage of crowdfunding is its accessibility, f...

Full description

Saved in:
Bibliographic Details
Main Authors: Shifa Mohd Nor,, Noor Azuan Hashim,
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2020
Online Access:http://journalarticle.ukm.my/15828/1/40132-127925-1-PB.pdf
http://journalarticle.ukm.my/15828/
http://ejournals.ukm.my/gmjss/issue/view/1273
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-ukm.journal.15828
record_format eprints
spelling my-ukm.journal.158282020-11-22T16:54:57Z http://journalarticle.ukm.my/15828/ Trust motivates funders to participate in Shari’ah crowdfunding Shifa Mohd Nor, Noor Azuan Hashim, The fourth industrial revolution has influenced many sector including Islamic Finance. The digital revolution has changed the traditional crowdfunding through the usage of technology with smart applications on mobile phones and websites. Among the advantage of crowdfunding is its accessibility, fast transaction, security, transparency, traceability and many more. Through crowdfunding platforms, financial inclusion groups could be reached. Hence, the demand for Shari’ah crowdfunding increases to fulfil the Muslims developmental needs in providing for projects that are compliant according to Shari’ah. Shari’ah crowdfunding platform such as Shekra, Yomken, Ethiscrowd, Waqfworld, KapitalBoost and many more attempts to realize the needs of Muslim society. These activities utilize the financial technology (FinTech) approach via social media or smartphone apps. Although FinTech is widely used nowadays, there is an issue of trust from the investors in gaining their interest to invest in Shari’ah crowdfunding projects since it is virtual. Hence, this study explores the possibility of funder’s motivation to invest in crowdfunding projects from the perspective of trust. This conceptual study highlights the element of trust from three elements which are calculus trust, relationship trust and religiosity (Islam). For future research, the study on trust from a social capital perspective would add value in contributing to the development of digital economy. Penerbit Universiti Kebangsaan Malaysia 2020 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/15828/1/40132-127925-1-PB.pdf Shifa Mohd Nor, and Noor Azuan Hashim, (2020) Trust motivates funders to participate in Shari’ah crowdfunding. Geografia : Malaysian Journal of Society and Space, 16 (2). pp. 228-238. ISSN 2180-2491 http://ejournals.ukm.my/gmjss/issue/view/1273
institution Universiti Kebangsaan Malaysia
building Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description The fourth industrial revolution has influenced many sector including Islamic Finance. The digital revolution has changed the traditional crowdfunding through the usage of technology with smart applications on mobile phones and websites. Among the advantage of crowdfunding is its accessibility, fast transaction, security, transparency, traceability and many more. Through crowdfunding platforms, financial inclusion groups could be reached. Hence, the demand for Shari’ah crowdfunding increases to fulfil the Muslims developmental needs in providing for projects that are compliant according to Shari’ah. Shari’ah crowdfunding platform such as Shekra, Yomken, Ethiscrowd, Waqfworld, KapitalBoost and many more attempts to realize the needs of Muslim society. These activities utilize the financial technology (FinTech) approach via social media or smartphone apps. Although FinTech is widely used nowadays, there is an issue of trust from the investors in gaining their interest to invest in Shari’ah crowdfunding projects since it is virtual. Hence, this study explores the possibility of funder’s motivation to invest in crowdfunding projects from the perspective of trust. This conceptual study highlights the element of trust from three elements which are calculus trust, relationship trust and religiosity (Islam). For future research, the study on trust from a social capital perspective would add value in contributing to the development of digital economy.
format Article
author Shifa Mohd Nor,
Noor Azuan Hashim,
spellingShingle Shifa Mohd Nor,
Noor Azuan Hashim,
Trust motivates funders to participate in Shari’ah crowdfunding
author_facet Shifa Mohd Nor,
Noor Azuan Hashim,
author_sort Shifa Mohd Nor,
title Trust motivates funders to participate in Shari’ah crowdfunding
title_short Trust motivates funders to participate in Shari’ah crowdfunding
title_full Trust motivates funders to participate in Shari’ah crowdfunding
title_fullStr Trust motivates funders to participate in Shari’ah crowdfunding
title_full_unstemmed Trust motivates funders to participate in Shari’ah crowdfunding
title_sort trust motivates funders to participate in shari’ah crowdfunding
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2020
url http://journalarticle.ukm.my/15828/1/40132-127925-1-PB.pdf
http://journalarticle.ukm.my/15828/
http://ejournals.ukm.my/gmjss/issue/view/1273
_version_ 1684654307591323648
score 13.211869

Similar Items