How Muslims Make a Decision Regarding Islamic Microfinance Options? A Survey of Determinant Factors

Shaheen Mansori, Meysam Safari, Jing Huey Chin


This paper aims to examine the factors influencing the intention of Muslims towards microfinance application. Empirical studies have demonstrated that microfinance plays a key role in poverty alleviation and could improve under privileged Muslims’ living standards. However, microfinance faces some challenges as majority of Muslims yet to apply and thus, underutilise the benefits therein. The contribution of this paper is to explore the relationship between the identified factors and the level of intention towards microfinance application. To further support this viewpoint, theory of planned behaviour is used to justify and predict the intention in this research. The analysis demonstrated that religion and religiosity, perceived Shariah compliant and Imam’s endorsement have significant impact towards the level of intention in microfinance application.

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Copyright (c) 2018 Shaheen Mansori, Meysam Safari, Jing Huey Chin

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This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.