A preliminary study on timebanking awareness in Malaysia

The timebanking concept has been introduced to benefit from the service exchange between the service provider and requester. In essence, this concept eliminates fiat money as a payment mechanism, and the currency used is the hour the participants used to complete a task. Apart from its implementatio...

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Main Authors: Awang Abu Bakar, Normi Sham, Yahya, Norzariyah, Nordin, Azlin, Sheikh Abdul Aziz, Madihah
Format: Article
Language:English
Published: UiTM Press 2024
Subjects:
Online Access:http://irep.iium.edu.my/115215/7/115215_A%20preliminary%20study%20on%20timebanking.pdf
http://irep.iium.edu.my/115215/
https://myjms.mohe.gov.my/index.php/SMRJ/article/view/27626/15294
https://doi.org/10.24191/smrj.v21i2.27626
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spelling my.iium.irep.1152152024-10-22T06:46:05Z http://irep.iium.edu.my/115215/ A preliminary study on timebanking awareness in Malaysia Awang Abu Bakar, Normi Sham Yahya, Norzariyah Nordin, Azlin Sheikh Abdul Aziz, Madihah T Technology (General) The timebanking concept has been introduced to benefit from the service exchange between the service provider and requester. In essence, this concept eliminates fiat money as a payment mechanism, and the currency used is the hour the participants used to complete a task. Apart from its implementation in several other countries, the concept of timebanking is still fairly new in our communities. Thus, a user awareness survey was conducted to investigate the level of awareness of the timebanking concept among the members of the society, and also the level of willingness to participate in the timebank system. The results show that 51% of the participants assert that they are aware of the concept of a timebank. In addition, 86% of the participants stated they were willing to participate in the timebanking project. These encouraging results show that there is a possibility that the timebank concept will be acceptable to Malaysian communities in general UiTM Press 2024-09-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/115215/7/115215_A%20preliminary%20study%20on%20timebanking.pdf Awang Abu Bakar, Normi Sham and Yahya, Norzariyah and Nordin, Azlin and Sheikh Abdul Aziz, Madihah (2024) A preliminary study on timebanking awareness in Malaysia. Social and Management Research Journal, 21 (2). pp. 37-51. E-ISSN 0128-1089 https://myjms.mohe.gov.my/index.php/SMRJ/article/view/27626/15294 https://doi.org/10.24191/smrj.v21i2.27626
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic T Technology (General)
spellingShingle T Technology (General)
Awang Abu Bakar, Normi Sham
Yahya, Norzariyah
Nordin, Azlin
Sheikh Abdul Aziz, Madihah
A preliminary study on timebanking awareness in Malaysia
description The timebanking concept has been introduced to benefit from the service exchange between the service provider and requester. In essence, this concept eliminates fiat money as a payment mechanism, and the currency used is the hour the participants used to complete a task. Apart from its implementation in several other countries, the concept of timebanking is still fairly new in our communities. Thus, a user awareness survey was conducted to investigate the level of awareness of the timebanking concept among the members of the society, and also the level of willingness to participate in the timebank system. The results show that 51% of the participants assert that they are aware of the concept of a timebank. In addition, 86% of the participants stated they were willing to participate in the timebanking project. These encouraging results show that there is a possibility that the timebank concept will be acceptable to Malaysian communities in general
format Article
author Awang Abu Bakar, Normi Sham
Yahya, Norzariyah
Nordin, Azlin
Sheikh Abdul Aziz, Madihah
author_facet Awang Abu Bakar, Normi Sham
Yahya, Norzariyah
Nordin, Azlin
Sheikh Abdul Aziz, Madihah
author_sort Awang Abu Bakar, Normi Sham
title A preliminary study on timebanking awareness in Malaysia
title_short A preliminary study on timebanking awareness in Malaysia
title_full A preliminary study on timebanking awareness in Malaysia
title_fullStr A preliminary study on timebanking awareness in Malaysia
title_full_unstemmed A preliminary study on timebanking awareness in Malaysia
title_sort preliminary study on timebanking awareness in malaysia
publisher UiTM Press
publishDate 2024
url http://irep.iium.edu.my/115215/7/115215_A%20preliminary%20study%20on%20timebanking.pdf
http://irep.iium.edu.my/115215/
https://myjms.mohe.gov.my/index.php/SMRJ/article/view/27626/15294
https://doi.org/10.24191/smrj.v21i2.27626
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score 13.222552