Perception of riba among the Muslims in Malaysia: an exploratory study

This study explores the perception of Muslims in Malaysia’s about ribā, eating pork, drinking alcohol and dating. A pilot questionnaire was developed. To avoid social desirability, the questionnaire treated respondents as informants. 267 informants responded to the pilot. The Cronbach alpha was 0.7...

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Main Author: Fontaine, Rodrigue Ancelot Harvey
Format: Article
Language:English
Published: IIUM Institute of Islamic Banking and Finance 2019
Subjects:
Online Access:http://irep.iium.edu.my/72437/
http://irep.iium.edu.my/72437/
http://irep.iium.edu.my/72437/1/72437_Muslims%20in%20Malaysia%E2%80%99s%20perception.pdf
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recordtype eprints
spelling iium-724372019-06-11T00:45:20Z http://irep.iium.edu.my/72437/ Perception of riba among the Muslims in Malaysia: an exploratory study Fontaine, Rodrigue Ancelot Harvey HB126.4 Islamic Economics HG3368 Islamic Banking and Finance This study explores the perception of Muslims in Malaysia’s about ribā, eating pork, drinking alcohol and dating. A pilot questionnaire was developed. To avoid social desirability, the questionnaire treated respondents as informants. 267 informants responded to the pilot. The Cronbach alpha was 0.743. The questionnaire was improved with the addition of four additional questions. A new questionnaire was answered by 351 informants. The Cronbach alpha increased to 0.78. The findings were compared to similar data collected on the perceptions’ towards eating pork, drinking alcohol and dating. About 31% of Muslims have no problems taking ribā. About 40% of Muslims seem unsure about the legal status of ribā. 55% said that Muslims take ribā from time to time, 48% said that Muslims were forced to take ribā while only 36% found that ribā was the logical thing to do. Only 25% of Muslims believed that ribā would a good thing. Further analysis suggests that there are structural reasons why Muslims take ribā. This author suggests that these findings establish a base-line from which future researchers might understand how sins become culturally acceptable or become culturally unacceptable. IIUM Institute of Islamic Banking and Finance 2019 Article PeerReviewed application/pdf en http://irep.iium.edu.my/72437/1/72437_Muslims%20in%20Malaysia%E2%80%99s%20perception.pdf Fontaine, Rodrigue Ancelot Harvey (2019) Perception of riba among the Muslims in Malaysia: an exploratory study. Journal of Islamic Finance, 8 (1). pp. 36-47. ISSN 2289-2109 E-ISSN 2289-2117 https://journals.iium.edu.my/iiibf-journal/index.php/jif/article/view/324/150
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HB126.4 Islamic Economics
HG3368 Islamic Banking and Finance
spellingShingle HB126.4 Islamic Economics
HG3368 Islamic Banking and Finance
Fontaine, Rodrigue Ancelot Harvey
Perception of riba among the Muslims in Malaysia: an exploratory study
description This study explores the perception of Muslims in Malaysia’s about ribā, eating pork, drinking alcohol and dating. A pilot questionnaire was developed. To avoid social desirability, the questionnaire treated respondents as informants. 267 informants responded to the pilot. The Cronbach alpha was 0.743. The questionnaire was improved with the addition of four additional questions. A new questionnaire was answered by 351 informants. The Cronbach alpha increased to 0.78. The findings were compared to similar data collected on the perceptions’ towards eating pork, drinking alcohol and dating. About 31% of Muslims have no problems taking ribā. About 40% of Muslims seem unsure about the legal status of ribā. 55% said that Muslims take ribā from time to time, 48% said that Muslims were forced to take ribā while only 36% found that ribā was the logical thing to do. Only 25% of Muslims believed that ribā would a good thing. Further analysis suggests that there are structural reasons why Muslims take ribā. This author suggests that these findings establish a base-line from which future researchers might understand how sins become culturally acceptable or become culturally unacceptable.
format Article
author Fontaine, Rodrigue Ancelot Harvey
author_facet Fontaine, Rodrigue Ancelot Harvey
author_sort Fontaine, Rodrigue Ancelot Harvey
title Perception of riba among the Muslims in Malaysia: an exploratory study
title_short Perception of riba among the Muslims in Malaysia: an exploratory study
title_full Perception of riba among the Muslims in Malaysia: an exploratory study
title_fullStr Perception of riba among the Muslims in Malaysia: an exploratory study
title_full_unstemmed Perception of riba among the Muslims in Malaysia: an exploratory study
title_sort perception of riba among the muslims in malaysia: an exploratory study
publisher IIUM Institute of Islamic Banking and Finance
publishDate 2019
url http://irep.iium.edu.my/72437/
http://irep.iium.edu.my/72437/
http://irep.iium.edu.my/72437/1/72437_Muslims%20in%20Malaysia%E2%80%99s%20perception.pdf
first_indexed 2023-09-18T21:42:38Z
last_indexed 2023-09-18T21:42:38Z
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