Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory
This study aims to examine the determinants of gold dinar adoption in Kelantan, Malaysia by using an extended adoption model which consists of seven factors: relative advantage, triability, result visibility, result demonstrability, anxiety, facilitating conditions, and trust. Survey data collected...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English English |
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University of Malaya
2015
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| Online Access: | http://irep.iium.edu.my/46951/ http://irep.iium.edu.my/46951/1/AJBA_8%282%29_5.pdf http://irep.iium.edu.my/46951/4/46951_Acceptance%20of%20gold%20as%20an%20alternative%20currency_SCOPUS.pdf |
| _version_ | 1848783056614195200 |
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| author | Yusuf, Muhammad-Bashir Meera, Ahamed Kameel Mydin Mat Ghani, Gairuzazmi Abdul Manap, Turkhan Ali Larbani, Moussa |
| author_facet | Yusuf, Muhammad-Bashir Meera, Ahamed Kameel Mydin Mat Ghani, Gairuzazmi Abdul Manap, Turkhan Ali Larbani, Moussa |
| author_sort | Yusuf, Muhammad-Bashir |
| building | IIUM Repository |
| collection | Online Access |
| description | This study aims to examine the determinants of gold dinar adoption in Kelantan, Malaysia by using an extended adoption model which consists of seven factors: relative advantage, triability, result visibility, result demonstrability, anxiety, facilitating conditions, and trust. Survey data collected from gold dinar adopters in Kelantan were used to identify the components of the gold dinar adoption and its determinants. Structural equation modeling technique was employed to test whether the hypothesised model fits the data collected. This study finds that all the indicators have good loading on their factors, suggesting that they measure what they were supposed to measure. All the factors except ‘trust’ are found to influence the adoption of the gold dinar. Thus, the adoption of gold dinar would depend more on its embedded benefits, religious link and the removal of impediments attached to it and not necessarily, the trust which users may place in issuing authorities. |
| first_indexed | 2025-11-14T16:15:17Z |
| format | Article |
| id | iium-46951 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T16:15:17Z |
| publishDate | 2015 |
| publisher | University of Malaya |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-469512017-12-13T09:38:41Z http://irep.iium.edu.my/46951/ Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory Yusuf, Muhammad-Bashir Meera, Ahamed Kameel Mydin Mat Ghani, Gairuzazmi Abdul Manap, Turkhan Ali Larbani, Moussa HF Commerce This study aims to examine the determinants of gold dinar adoption in Kelantan, Malaysia by using an extended adoption model which consists of seven factors: relative advantage, triability, result visibility, result demonstrability, anxiety, facilitating conditions, and trust. Survey data collected from gold dinar adopters in Kelantan were used to identify the components of the gold dinar adoption and its determinants. Structural equation modeling technique was employed to test whether the hypothesised model fits the data collected. This study finds that all the indicators have good loading on their factors, suggesting that they measure what they were supposed to measure. All the factors except ‘trust’ are found to influence the adoption of the gold dinar. Thus, the adoption of gold dinar would depend more on its embedded benefits, religious link and the removal of impediments attached to it and not necessarily, the trust which users may place in issuing authorities. University of Malaya 2015-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/46951/1/AJBA_8%282%29_5.pdf application/pdf en http://irep.iium.edu.my/46951/4/46951_Acceptance%20of%20gold%20as%20an%20alternative%20currency_SCOPUS.pdf Yusuf, Muhammad-Bashir and Meera, Ahamed Kameel Mydin and Mat Ghani, Gairuzazmi and Abdul Manap, Turkhan Ali and Larbani, Moussa (2015) Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory. Asian Journal of Business and Accounting, 8 (2). pp. 123-153. ISSN 1985-4064 http://ajba.um.edu.my/ |
| spellingShingle | HF Commerce Yusuf, Muhammad-Bashir Meera, Ahamed Kameel Mydin Mat Ghani, Gairuzazmi Abdul Manap, Turkhan Ali Larbani, Moussa Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory |
| title | Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory |
| title_full | Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory |
| title_fullStr | Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory |
| title_full_unstemmed | Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory |
| title_short | Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory |
| title_sort | acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory |
| topic | HF Commerce |
| url | http://irep.iium.edu.my/46951/ http://irep.iium.edu.my/46951/ http://irep.iium.edu.my/46951/1/AJBA_8%282%29_5.pdf http://irep.iium.edu.my/46951/4/46951_Acceptance%20of%20gold%20as%20an%20alternative%20currency_SCOPUS.pdf |