Factors that determine customers acceptance of Ar Rahn financing in Selangor
Ar Rahn is a method of providing short-term financing by pledging jewelry to the financial institution as security. It is widely used to facilitate individual consumption and small business. The use of ArRahnis gaining prominence as an alternative to money lending which charges high-interest rate an...
| Main Authors: | , |
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| Format: | Proceeding Paper |
| Language: | English |
| Published: |
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/63745/ http://irep.iium.edu.my/63745/12/63745_FACTORS%20THAT%20DETERMINE%20CUSTOMERS%20ACCEPTANCE_complete.pdf |
| _version_ | 1848786083704209408 |
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| author | Abdul Razak, Dzuljastri Baharun, Farha Nabila |
| author_facet | Abdul Razak, Dzuljastri Baharun, Farha Nabila |
| author_sort | Abdul Razak, Dzuljastri |
| building | IIUM Repository |
| collection | Online Access |
| description | Ar Rahn is a method of providing short-term financing by pledging jewelry to the financial institution as security. It is widely used to facilitate individual consumption and small business. The use of ArRahnis gaining prominence as an alternative to money lending which charges high-interest rate and poses a burden to customers. The paper aims to determine the factors that affect customers’ acceptance on the use of array based on three variables namely concept, pricing and justice and fairness. The methodology was carried out by survey of121 respondents in the state of Selangor. The result indicated that only pricing has significance relationship with customers’ acceptance. This result is useful to the practitioners so that they can emphasize on pricing as the main element in the marketing of ArRahnto customers. The academician can benefit by conducting further research on this eminence body of knowledge. |
| first_indexed | 2025-11-14T17:03:24Z |
| format | Proceeding Paper |
| id | iium-63745 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:03:24Z |
| publishDate | 2018 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-637452018-05-21T06:38:27Z http://irep.iium.edu.my/63745/ Factors that determine customers acceptance of Ar Rahn financing in Selangor Abdul Razak, Dzuljastri Baharun, Farha Nabila HG3368 Islamic Banking and Finance Ar Rahn is a method of providing short-term financing by pledging jewelry to the financial institution as security. It is widely used to facilitate individual consumption and small business. The use of ArRahnis gaining prominence as an alternative to money lending which charges high-interest rate and poses a burden to customers. The paper aims to determine the factors that affect customers’ acceptance on the use of array based on three variables namely concept, pricing and justice and fairness. The methodology was carried out by survey of121 respondents in the state of Selangor. The result indicated that only pricing has significance relationship with customers’ acceptance. This result is useful to the practitioners so that they can emphasize on pricing as the main element in the marketing of ArRahnto customers. The academician can benefit by conducting further research on this eminence body of knowledge. 2018-05-12 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/63745/12/63745_FACTORS%20THAT%20DETERMINE%20CUSTOMERS%20ACCEPTANCE_complete.pdf Abdul Razak, Dzuljastri and Baharun, Farha Nabila (2018) Factors that determine customers acceptance of Ar Rahn financing in Selangor. In: The 1st International Conference Of World Academy Of Islamic Management 2018, 12-13 May 2018, Universiti Kuala Lumpur (UniKL), Kuala Lumpur. (Unpublished) |
| spellingShingle | HG3368 Islamic Banking and Finance Abdul Razak, Dzuljastri Baharun, Farha Nabila Factors that determine customers acceptance of Ar Rahn financing in Selangor |
| title | Factors that determine customers acceptance of Ar Rahn financing in Selangor |
| title_full | Factors that determine customers acceptance of Ar Rahn financing in Selangor |
| title_fullStr | Factors that determine customers acceptance of Ar Rahn financing in Selangor |
| title_full_unstemmed | Factors that determine customers acceptance of Ar Rahn financing in Selangor |
| title_short | Factors that determine customers acceptance of Ar Rahn financing in Selangor |
| title_sort | factors that determine customers acceptance of ar rahn financing in selangor |
| topic | HG3368 Islamic Banking and Finance |
| url | http://irep.iium.edu.my/63745/ http://irep.iium.edu.my/63745/12/63745_FACTORS%20THAT%20DETERMINE%20CUSTOMERS%20ACCEPTANCE_complete.pdf |