Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model

Blockchain is a cutting-edge technology that is capable of transforming and facilitating Zakat institutions to manage the Zakat proceeds and connect Zakat payers and recipients in a more effective and efficient way. However, despite many benefits that it can offer, the adoption rate is still very lo...

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Main Authors: Muhammad Ahmad, Shamsuddeen, Aminul Islam, MD, Mahadi, Nur Farhah
Format: Proceeding Paper
Language:English
English
Published: Istanbul Sabahattin Zaim University (IZU) 2020
Subjects:
Online Access:http://irep.iium.edu.my/81516/
http://irep.iium.edu.my/81516/1/81516%20-%20Determinants%20of%20Blockchain%20Technology%20Adoption%20among%20Zakat%20Institutions.pdf
http://irep.iium.edu.my/81516/2/81516%20-%20Determinants%20of%20Blockchain%20Technology%20Adoption%20among%20Zakat%20Institutions-%20Abstract%20book.pdf
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author Muhammad Ahmad, Shamsuddeen
Aminul Islam, MD
Mahadi, Nur Farhah
author_facet Muhammad Ahmad, Shamsuddeen
Aminul Islam, MD
Mahadi, Nur Farhah
author_sort Muhammad Ahmad, Shamsuddeen
building IIUM Repository
collection Online Access
description Blockchain is a cutting-edge technology that is capable of transforming and facilitating Zakat institutions to manage the Zakat proceeds and connect Zakat payers and recipients in a more effective and efficient way. However, despite many benefits that it can offer, the adoption rate is still very low especially in developing countries. While studies on blockchain have gained a relative pace over the recent years, the literature on this topic does not report adequate research cases on blockchain adoption behavior at the individual level. This study, therefore, aims to bridge this gap, notably by examining factors that influence blockchain adoption behavior among employees in Zakat institutions in Malaysia, Drawing on the emerging literature on blockchain, Zakat and network theory, as well as on Technology Acceptance Models (TAMs), we have developed an integrated model based on the Classical Unified Theory of Acceptance and Use of Technology (UTAUT2) and blockchain transparency. The research findings will be a platform to unravel the belief factors that influence the formation of attitude of the employees in Zakat institutions and their intention to adopt blockchain technology.
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format Proceeding Paper
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institution International Islamic University Malaysia
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language English
English
last_indexed 2025-11-14T17:52:02Z
publishDate 2020
publisher Istanbul Sabahattin Zaim University (IZU)
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spelling iium-815162020-07-15T09:02:28Z http://irep.iium.edu.my/81516/ Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model Muhammad Ahmad, Shamsuddeen Aminul Islam, MD Mahadi, Nur Farhah BPH531 Zakat HG221 Bitcoin/Cryptocurrency/Block Chain Blockchain is a cutting-edge technology that is capable of transforming and facilitating Zakat institutions to manage the Zakat proceeds and connect Zakat payers and recipients in a more effective and efficient way. However, despite many benefits that it can offer, the adoption rate is still very low especially in developing countries. While studies on blockchain have gained a relative pace over the recent years, the literature on this topic does not report adequate research cases on blockchain adoption behavior at the individual level. This study, therefore, aims to bridge this gap, notably by examining factors that influence blockchain adoption behavior among employees in Zakat institutions in Malaysia, Drawing on the emerging literature on blockchain, Zakat and network theory, as well as on Technology Acceptance Models (TAMs), we have developed an integrated model based on the Classical Unified Theory of Acceptance and Use of Technology (UTAUT2) and blockchain transparency. The research findings will be a platform to unravel the belief factors that influence the formation of attitude of the employees in Zakat institutions and their intention to adopt blockchain technology. Istanbul Sabahattin Zaim University (IZU) 2020-06-15 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/81516/1/81516%20-%20Determinants%20of%20Blockchain%20Technology%20Adoption%20among%20Zakat%20Institutions.pdf application/pdf en http://irep.iium.edu.my/81516/2/81516%20-%20Determinants%20of%20Blockchain%20Technology%20Adoption%20among%20Zakat%20Institutions-%20Abstract%20book.pdf Muhammad Ahmad, Shamsuddeen and Aminul Islam, MD and Mahadi, Nur Farhah (2020) Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model. In: 12th International Conference On Islamic Economics & Finance "Sustainable Development For Real Economy", 14 - 20 June 2020, Istanbul, Turkey. (Unpublished) https://www.izu.edu.tr/etkinlik-detay/2020/06/14/default-calendar/12th-international-conference-on-i-slamic-economics-finance
spellingShingle BPH531 Zakat
HG221 Bitcoin/Cryptocurrency/Block Chain
Muhammad Ahmad, Shamsuddeen
Aminul Islam, MD
Mahadi, Nur Farhah
Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model
title Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model
title_full Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model
title_fullStr Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model
title_full_unstemmed Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model
title_short Determinants of blockchain technology adoption among Zakat institutions in Malaysia: a proposed integrated model
title_sort determinants of blockchain technology adoption among zakat institutions in malaysia: a proposed integrated model
topic BPH531 Zakat
HG221 Bitcoin/Cryptocurrency/Block Chain
url http://irep.iium.edu.my/81516/
http://irep.iium.edu.my/81516/
http://irep.iium.edu.my/81516/1/81516%20-%20Determinants%20of%20Blockchain%20Technology%20Adoption%20among%20Zakat%20Institutions.pdf
http://irep.iium.edu.my/81516/2/81516%20-%20Determinants%20of%20Blockchain%20Technology%20Adoption%20among%20Zakat%20Institutions-%20Abstract%20book.pdf