Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT

Financial technology or fintech, which is technology-based financial services has become a major role player in enhancing the effectiveness and efficiency of financial services. The financial industry has evolved significantly globally with the impact of technological innovation. For example in Mala...

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Main Authors: Yahaya, Muhamad Hasif, Khaliq, Ahmad
Format: Article
Language:English
Published: IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM) 2019
Subjects:
Online Access:http://irep.iium.edu.my/72983/
http://irep.iium.edu.my/72983/
http://irep.iium.edu.my/72983/1/2019-Khaliq-%20Hasif-JIF%20Article%203.pdf
id iium-72983
recordtype eprints
spelling iium-729832019-07-04T06:52:50Z http://irep.iium.edu.my/72983/ Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT Yahaya, Muhamad Hasif Khaliq, Ahmad HG Finance HG3368 Islamic Banking and Finance Financial technology or fintech, which is technology-based financial services has become a major role player in enhancing the effectiveness and efficiency of financial services. The financial industry has evolved significantly globally with the impact of technological innovation. For example in Malaysia, the financial institution can offer various services to their customers in facilitating and fulfilling their financial needs. Furthermore, the impact of fintech also had changed the social finance sector such as Zakat Institutions. For example, in Malaysia during the old days people have to go to the counter to pay zakat or to collect the zakat as well. Nevertheless with the help of various technology-based financial services such as online banking, mobile banking and others that are provided by the financial institution, the collection of zakat has been empowered. Contrary to that, in terms of the distribution aspect there are still a lot that can be improved with the help of fintech. Thus, in this study mobile banking will be the focus in improving zakat distribution rate. This study aims to explore factors that could influence asnaf acceptance rate in adopting mobile banking for the distribution of zakat using the UTAUT model. This study consists of empirical data collected from the state of Selangor, Malaysia. IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM) 2019-06 Article PeerReviewed application/pdf en http://irep.iium.edu.my/72983/1/2019-Khaliq-%20Hasif-JIF%20Article%203.pdf Yahaya, Muhamad Hasif and Khaliq, Ahmad (2019) Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT. Journal of Islamic Finance, 8 (Special Issue). pp. 35-46. ISSN 2289-2109 E-ISSN 2289-2117 https://journals.iium.edu.my/iiibf-journal/index.php/jif/article/view/345/155
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG Finance
HG3368 Islamic Banking and Finance
spellingShingle HG Finance
HG3368 Islamic Banking and Finance
Yahaya, Muhamad Hasif
Khaliq, Ahmad
Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT
description Financial technology or fintech, which is technology-based financial services has become a major role player in enhancing the effectiveness and efficiency of financial services. The financial industry has evolved significantly globally with the impact of technological innovation. For example in Malaysia, the financial institution can offer various services to their customers in facilitating and fulfilling their financial needs. Furthermore, the impact of fintech also had changed the social finance sector such as Zakat Institutions. For example, in Malaysia during the old days people have to go to the counter to pay zakat or to collect the zakat as well. Nevertheless with the help of various technology-based financial services such as online banking, mobile banking and others that are provided by the financial institution, the collection of zakat has been empowered. Contrary to that, in terms of the distribution aspect there are still a lot that can be improved with the help of fintech. Thus, in this study mobile banking will be the focus in improving zakat distribution rate. This study aims to explore factors that could influence asnaf acceptance rate in adopting mobile banking for the distribution of zakat using the UTAUT model. This study consists of empirical data collected from the state of Selangor, Malaysia.
format Article
author Yahaya, Muhamad Hasif
Khaliq, Ahmad
author_facet Yahaya, Muhamad Hasif
Khaliq, Ahmad
author_sort Yahaya, Muhamad Hasif
title Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT
title_short Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT
title_full Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT
title_fullStr Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT
title_full_unstemmed Factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in Selangor: a study using UTAUT
title_sort factors affecting the acceptance of financial technology among asnaf for the distribution of zakat in selangor: a study using utaut
publisher IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM)
publishDate 2019
url http://irep.iium.edu.my/72983/
http://irep.iium.edu.my/72983/
http://irep.iium.edu.my/72983/1/2019-Khaliq-%20Hasif-JIF%20Article%203.pdf
first_indexed 2023-09-18T21:43:29Z
last_indexed 2023-09-18T21:43:29Z
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