The challenges of implementing gold dinar in Kelantan: An empirical analysis

The purpose of this paper is to analyse the challenges of adopting the gold dinar as a currency in Kelantan, Malaysia. This is one of the earliest works to empirically investigate the challenges of using gold dinar currency since its introduction in Kelantan in August, 2010. The paper looks at both...

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Main Authors: Yusuf, Muhammad-Bashir, Mat Ghani, Gairuzazmi, Meera, Ahamed Kameel Mydin
Format: Article
Language:English
Published: University of Malaya 2013
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Online Access:http://irep.iium.edu.my/34389/1/IE_5.pdf
http://irep.iium.edu.my/34389/
http://umrefjournal.um.edu.my/filebank/published_article/5809/IE%205.pdf
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spelling my.iium.irep.343892014-01-16T04:22:39Z http://irep.iium.edu.my/34389/ The challenges of implementing gold dinar in Kelantan: An empirical analysis Yusuf, Muhammad-Bashir Mat Ghani, Gairuzazmi Meera, Ahamed Kameel Mydin HB221 Price The purpose of this paper is to analyse the challenges of adopting the gold dinar as a currency in Kelantan, Malaysia. This is one of the earliest works to empirically investigate the challenges of using gold dinar currency since its introduction in Kelantan in August, 2010. The paper looks at both the internal and external challenges to the adoption of the new currency. The researchers came up with a model and a survey to validate the model. Structural equation modelling technique was employed to test if the data collected fits the model. It was found out that while the effects of both external and internal challenges were not statistically significant, they are significant in practical terms. All our measurement items were also found to be practical. Though the findings of the study indicate the challenges are not statistically significant, they nevertheless must be addressed if gold dinar is to be adopted in the future. University of Malaya 2013-10 Article REM application/pdf en http://irep.iium.edu.my/34389/1/IE_5.pdf Yusuf, Muhammad-Bashir and Mat Ghani, Gairuzazmi and Meera, Ahamed Kameel Mydin (2013) The challenges of implementing gold dinar in Kelantan: An empirical analysis. Institutions and Economies , 5 (3). pp. 97-114. ISSN 1985-7276 http://umrefjournal.um.edu.my/filebank/published_article/5809/IE%205.pdf
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 HB221 Price
spellingShingle HB221 Price
Yusuf, Muhammad-Bashir
Mat Ghani, Gairuzazmi
Meera, Ahamed Kameel Mydin
The challenges of implementing gold dinar in Kelantan: An empirical analysis
description The purpose of this paper is to analyse the challenges of adopting the gold dinar as a currency in Kelantan, Malaysia. This is one of the earliest works to empirically investigate the challenges of using gold dinar currency since its introduction in Kelantan in August, 2010. The paper looks at both the internal and external challenges to the adoption of the new currency. The researchers came up with a model and a survey to validate the model. Structural equation modelling technique was employed to test if the data collected fits the model. It was found out that while the effects of both external and internal challenges were not statistically significant, they are significant in practical terms. All our measurement items were also found to be practical. Though the findings of the study indicate the challenges are not statistically significant, they nevertheless must be addressed if gold dinar is to be adopted in the future.
format Article
author Yusuf, Muhammad-Bashir
Mat Ghani, Gairuzazmi
Meera, Ahamed Kameel Mydin
author_facet Yusuf, Muhammad-Bashir
Mat Ghani, Gairuzazmi
Meera, Ahamed Kameel Mydin
author_sort Yusuf, Muhammad-Bashir
title The challenges of implementing gold dinar in Kelantan: An empirical analysis
title_short The challenges of implementing gold dinar in Kelantan: An empirical analysis
title_full The challenges of implementing gold dinar in Kelantan: An empirical analysis
title_fullStr The challenges of implementing gold dinar in Kelantan: An empirical analysis
title_full_unstemmed The challenges of implementing gold dinar in Kelantan: An empirical analysis
title_sort challenges of implementing gold dinar in kelantan: an empirical analysis
publisher University of Malaya
publishDate 2013
url http://irep.iium.edu.my/34389/1/IE_5.pdf
http://irep.iium.edu.my/34389/
http://umrefjournal.um.edu.my/filebank/published_article/5809/IE%205.pdf
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score 13.211869