Is the Theory of Planned Behaviour Valid for Islamic home financing?

Amin, Hanudin and Abdul-Rahman, Abdul-Rahim and Abdul-Razak, Dzuljastri (2009): Is the Theory of Planned Behaviour Valid for Islamic home financing?

Abstract

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Keywords: Islamic banking, musharakah mutanaqisah, home financing, survey, mortgage finance, Malaysia
• Subjects: D - Microeconomics > D1 - Household Behavior and Family Economics > D12 - Consumer Economics: Empirical Analysis; D - Microeconomics > D1 - Household Behavior and Family Economics > D14 - Household Saving; Personal Finance

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