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Determinants of the factors that cause abandoned housing projects: a study of human buyers of Islamic home financing in Malaysia

Abdul Razak, Dzuljastri (2015) Determinants of the factors that cause abandoned housing projects: a study of human buyers of Islamic home financing in Malaysia. In: ASEAN International Conference on Islamic Finance (AICIF 2015), 18th-19th November 2015, Semarang, Indonesia. (Unpublished)

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Abstract

The issues of abandoned housing projects are not new in Malaysia. Without proper measures to tackle, they will continue to haunt home buyers. This study examines responses of 328 customersobtained by means of self-administered questionnaires. Four variables namely lack of justice and equity, methods of computing and pricing, nature of contract and lack of legal and governance were used as variables. The results indicated that all the hypothesized relationships are supported. Of these, the nature of contract was found to be the main cause of the problem. The results contributes to the scanty empirical research in this area. It also benefits managers of Islamic banks to address issues that are affectingabandoned housing projects in Malaysia.

Item Type: Conference or Workshop Item (Plenary Papers)
Additional Information: 4433/46191
Uncontrolled Keywords: Abandoned housing projects, Consumers, Islamic home financing, Home buyers, Malaysia
Subjects: H Social Sciences > HG Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Finance
Depositing User: Dr Dzuljastri Abdul Razak
Date Deposited: 28 Oct 2016 10:48
Last Modified: 28 Oct 2016 10:48
URI: http://irep.iium.edu.my/id/eprint/46191

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