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...
| Main Authors: | , |
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| Format: | Proceeding Paper |
| Language: | English |
| Published: |
2010
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| Subjects: | |
| 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 |
| _version_ | 1848777076060979200 |
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| author | Abdul Razak, Dzuljastri Abduh, Muhamad |
| author_facet | Abdul Razak, Dzuljastri Abduh, Muhamad |
| author_sort | Abdul Razak, Dzuljastri |
| building | IIUM Repository |
| collection | Online Access |
| 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.
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| first_indexed | 2025-11-14T14:40:14Z |
| format | Proceeding Paper |
| id | iium-8902 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T14:40:14Z |
| publishDate | 2010 |
| recordtype | eprints |
| repository_type | Digital Repository |
| 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 Proceeding Paper 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) |
| 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 |
| title | 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_short | 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 |
| topic | HG Finance |
| 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 |