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A conceptual model of depositors’ trust and loyalty on hajj institution - case of Lembaga Tabung Haji Malaysia

Abd Rahman, Nur Hasnida and Mohd Sofian, Fatimah Noor Rashidah and Abdullah Asuhaimi, Fadhilah and Shahari, Farihana (2020) A conceptual model of depositors’ trust and loyalty on hajj institution - case of Lembaga Tabung Haji Malaysia. International Review of Management and Marketing, 10 (1). pp. 99-106. ISSN 2146-4405

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Abstract

Being established as a special Islamic financial institutions dedicated for managing hajj fund, Lembaga Tabung Haji (TH) plays a crucial role to ensure going concern of the institutions. Thus, it is highly important to preserve depositors trust and loyalty on the institution. Financial and management issues faced by TH, couple with the widespread use of social media reporting inaccurate information about the institutions may give impact to the depositors’ trust, evidencing by a sudden deposits withdrawal and closure of account in year 2017. As it is a special institution only for Muslims, its depositors carry different characteristics as compared to the other financial institutions. Using literature survey, this study develops a conceptual model to examine the depositors’ trust and loyalty on the institution by examining three mediating variables namely depositors’ financial literacy, depositors’ understanding about hajj and depositors’ awareness about current development of the institutions. Finally, both theoretical and practical implications were also discussed.

Item Type: Article (Journal)
Additional Information: 7710/79277
Uncontrolled Keywords: Financial Literacy, Hajj, Awareness, Trust, Loyalty
Subjects: H Social Sciences > HG Finance
H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
H Social Sciences > HG Finance > HG4001 Financial management. Business finance. Corporation finance.
H Social Sciences > HG Finance > HG4301 Trust services
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences
Kulliyyah of Economics and Management Sciences > Department of Finance
Depositing User: Farihana Shahari
Date Deposited: 03 Apr 2020 16:26
Last Modified: 03 Apr 2020 16:26
URI: http://irep.iium.edu.my/id/eprint/79277

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