My PhD : IS THE THEORY OF PLANNED BEHAVIOUR VALID FOR ISLAMIC HOME FINANCING?*
Hanudin Amin,
Ph.D Candidate, IIUM Institute of Islamic Banking and Finance
International Islamic University
Abdul Rahim Abdul Rahman
Professor, Kulliyah of Economics and Management Sciences
International Islamic University
IIUM Institute of Islamic Banking and Finance
Dzuljastri Abdul Razak
Assoc. Professor, Kulliyah of Economics and Management Sciences
International Islamic University
*This topic is part of my PhD study. The idea was generated in 2009 and later in 2011 it was sent for PhD at the IIUM Institute of Islamic Banking and Finance and the work received minor revisions in 2011 to incorporate relevant literature review.
Deposited under MPRA
ABSTRACT
This study is aimed at explaining
factors influencing the intention amongst bank customers in selecting Islamic
home financing that is musharakah mutanaqisah home
financing. Drawing upon the
theory of planned behaviour (the TPB), this study proposes a model to examine
the effects of three explanatory factors namely attitude, subjective norm and
perceived behavioural control on such intention. This study tests the TPB in a
context of musharakah mutanaqisah home
financing. The model of the study is tested using survey data from 168
bank customers who are respondents of the study. Our results suggest that
attitude, subjective norm and perceived behavioural control are significantly
influencing the intention to select such facility. The relationship between
attitude and subjective norm are also statistically significant. The findings
also demonstrate the applicability of the TPB in the musharakah mutanaqisah
home financing context.
Keywords: Islamic banking, musharakah mutanaqisah, home
financing, survey, mortgage finance, Malaysia