Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach

Home financing in Malaysia is mainly focus on the debt-based Bai Bithaman Ajil (BBA) mode implemented for the first time in 1983. This concept is viewed by many scholars as similar to debt-based conventional home financing. As an alternative, the equity-based Musharakah Mutanaqisah or Diminishing Pa...

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Main Authors:	Abdul Razak, Dzuljastri, Abduh, Muhamad
Format:	Conference or Workshop Item
Language:	English
Published:	2010
Subjects:	HG Finance
Online Access:	http://irep.iium.edu.my/8902/ http://irep.iium.edu.my/8902/1/TRA_-_Dzul_%26_Abduh_%28submitted_-_15.09.10%29%29.pdf

id	iium-8902
recordtype	eprints
spelling	iium-89022013-05-31T04:57:30Z http://irep.iium.edu.my/8902/ Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach Abdul Razak, Dzuljastri Abduh, Muhamad HG Finance Home financing in Malaysia is mainly focus on the debt-based Bai Bithaman Ajil (BBA) mode implemented for the first time in 1983. This concept is viewed by many scholars as similar to debt-based conventional home financing. As an alternative, the equity-based Musharakah Mutanaqisah or Diminishing Partnership (DP) financing was introduced in 2005. This study gauges customers’ perception on the salient features of DP home financing through a survey of 504 respondents comprise officers, managers and academician. Further analysis using the Structural Equation Modeling (SEM) was conducted to find out factors that influence customers’ intention for DP using the Theory of Reasoned Action (TRA) framework. The main findings indicated that customers perceived the equity sharing features in DP home financing mode differ from the conventional and BBA home financing modes. The analysis using SEM further indicates that customers’ intention for DP is influenced by their attitude and subjective norms. 2010-11-29 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/8902/1/TRA_-_Dzul_%26_Abduh_%28submitted_-_15.09.10%29%29.pdf Abdul Razak, Dzuljastri and Abduh, Muhamad (2010) Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach. In: 1st International Conference On Islamic Marketing and Branding. Exploring Issues and Challenges, 29-30th November 2010, Kuala Lumpur. (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG Finance
spellingShingle	HG Finance Abdul Razak, Dzuljastri Abduh, Muhamad Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach
description	Home financing in Malaysia is mainly focus on the debt-based Bai Bithaman Ajil (BBA) mode implemented for the first time in 1983. This concept is viewed by many scholars as similar to debt-based conventional home financing. As an alternative, the equity-based Musharakah Mutanaqisah or Diminishing Partnership (DP) financing was introduced in 2005. This study gauges customers’ perception on the salient features of DP home financing through a survey of 504 respondents comprise officers, managers and academician. Further analysis using the Structural Equation Modeling (SEM) was conducted to find out factors that influence customers’ intention for DP using the Theory of Reasoned Action (TRA) framework. The main findings indicated that customers perceived the equity sharing features in DP home financing mode differ from the conventional and BBA home financing modes. The analysis using SEM further indicates that customers’ intention for DP is influenced by their attitude and subjective norms.
format	Conference or Workshop Item
author	Abdul Razak, Dzuljastri Abduh, Muhamad
author_facet	Abdul Razak, Dzuljastri Abduh, Muhamad
author_sort	Abdul Razak, Dzuljastri
title	Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach
title_short	Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach
title_full	Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach
title_fullStr	Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach
title_full_unstemmed	Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach
title_sort	customers’ attitude and purchase intention toward diminishing partnership home financing in malaysia: a structural equation modeling approach
publishDate	2010
url	http://irep.iium.edu.my/8902/ http://irep.iium.edu.my/8902/1/TRA_-_Dzul_%26_Abduh_%28submitted_-_15.09.10%29%29.pdf
first_indexed	2023-09-18T20:18:43Z
last_indexed	2023-09-18T20:18:43Z
_version_	1777407961956614144

Customers’ attitude and purchase intention toward diminishing partnership home financing in Malaysia: a structural equation modeling approach

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