Staff View: Determinants of intention to comply with Islamic financial planning: an exploratory study

Determinants of intention to comply with Islamic financial planning: an exploratory study

In recent years, there has been growing interest in social finance as a tool to help address some of society’s most pressing challenges, such as poverty, inequality, and climate change. Financial planning or wealth management has been one of the solutions for poverty mitigation and empowering the ne...

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Main Authors:	Zulfaka, Auni, Kassim, Salina
Format:	Article
Language:	English
Published:	IIUM Press 2024
Subjects:	HG Finance HG179 Personal finance HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/116842/7/116842_Determinants%20of%20intention.pdf http://irep.iium.edu.my/116842/ https://journals.iium.edu.my/jisf/index.php/iiibf/ https://doi.org/10.31436/jislamicsocfin.v2i1
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id	my.iium.irep.116842
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spelling	my.iium.irep.1168422024-12-19T03:46:07Z http://irep.iium.edu.my/116842/ Determinants of intention to comply with Islamic financial planning: an exploratory study Zulfaka, Auni Kassim, Salina HG Finance HG179 Personal finance HG3368 Islamic Banking and Finance In recent years, there has been growing interest in social finance as a tool to help address some of society’s most pressing challenges, such as poverty, inequality, and climate change. Financial planning or wealth management has been one of the solutions for poverty mitigation and empowering the needy where it can guide a person in making major financial decisions and leverage on financial products and services through borrowing, spending, investing and funding (charity). It enables one to comprehend how each financial decision affects other aspects of one's finances. For the past few years, numerous studies attempted to explore public awareness about the importance of financial planning. Realizing that Islamic banking and finance have become a force to be reckoned with in the global economic scenario and play an essential role in a Muslim's financial needs, this study aims to explore the intention to comply with Islamic financial planning among Muslims by taking a group of Muslim educators in Melaka as target respondents. A quantitative study was initially performed among the educators to identify factors influencing their intention to comply with Islamic financial planning. Through a rigorous review of the existing literature, the factors identified as the determinants of intention to comply with Islamic financial planning are religious norms, Islamic financial literacy, attitude on Islamic financial products and services, and financial behaviour. As a result, it is crucial to look into extensive information regarding the awareness of Islamic financial planning. IIUM Press 2024-06-30 Article PeerReviewed application/pdf en http://irep.iium.edu.my/116842/7/116842_Determinants%20of%20intention.pdf Zulfaka, Auni and Kassim, Salina (2024) Determinants of intention to comply with Islamic financial planning: an exploratory study. Journal of Islamic Social Finance, 2 (1). pp. 39-51. E-ISSN 3009-0687 https://journals.iium.edu.my/jisf/index.php/iiibf/ https://doi.org/10.31436/jislamicsocfin.v2i1
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	HG Finance HG179 Personal finance HG3368 Islamic Banking and Finance
spellingShingle	HG Finance HG179 Personal finance HG3368 Islamic Banking and Finance Zulfaka, Auni Kassim, Salina Determinants of intention to comply with Islamic financial planning: an exploratory study
description	In recent years, there has been growing interest in social finance as a tool to help address some of society’s most pressing challenges, such as poverty, inequality, and climate change. Financial planning or wealth management has been one of the solutions for poverty mitigation and empowering the needy where it can guide a person in making major financial decisions and leverage on financial products and services through borrowing, spending, investing and funding (charity). It enables one to comprehend how each financial decision affects other aspects of one's finances. For the past few years, numerous studies attempted to explore public awareness about the importance of financial planning. Realizing that Islamic banking and finance have become a force to be reckoned with in the global economic scenario and play an essential role in a Muslim's financial needs, this study aims to explore the intention to comply with Islamic financial planning among Muslims by taking a group of Muslim educators in Melaka as target respondents. A quantitative study was initially performed among the educators to identify factors influencing their intention to comply with Islamic financial planning. Through a rigorous review of the existing literature, the factors identified as the determinants of intention to comply with Islamic financial planning are religious norms, Islamic financial literacy, attitude on Islamic financial products and services, and financial behaviour. As a result, it is crucial to look into extensive information regarding the awareness of Islamic financial planning.
format	Article
author	Zulfaka, Auni Kassim, Salina
author_facet	Zulfaka, Auni Kassim, Salina
author_sort	Zulfaka, Auni
title	Determinants of intention to comply with Islamic financial planning: an exploratory study
title_short	Determinants of intention to comply with Islamic financial planning: an exploratory study
title_full	Determinants of intention to comply with Islamic financial planning: an exploratory study
title_fullStr	Determinants of intention to comply with Islamic financial planning: an exploratory study
title_full_unstemmed	Determinants of intention to comply with Islamic financial planning: an exploratory study
title_sort	determinants of intention to comply with islamic financial planning: an exploratory study
publisher	IIUM Press
publishDate	2024
url	http://irep.iium.edu.my/116842/7/116842_Determinants%20of%20intention.pdf http://irep.iium.edu.my/116842/ https://journals.iium.edu.my/jisf/index.php/iiibf/ https://doi.org/10.31436/jislamicsocfin.v2i1
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score	13.223943

Determinants of intention to comply with Islamic financial planning: an exploratory study

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