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Customers’ perception on Islamic crowdfunding as a possible financial solution for the andemic Covid 19 crises in Malaysia

Abdul Razak, Dzuljastri and Zulmi, Syamsu Rizal and Dawami, Qosdan (2020) Customers’ perception on Islamic crowdfunding as a possible financial solution for the andemic Covid 19 crises in Malaysia. In: Islamic Social Finance: Pandemic Crisis and Possible Solutions (ISFPCPS 2020), 29th -30th September 2020, Kuala Lumpur. (Unpublished)

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Abstract

The Covid 19 pandemic has brought an unprecedented crisis globally and people are still struggling for solutions to deal with the crisis. The effect is very broad based be it on social, economics and healthy way of living. The purpose of this study is to investigate customers’ perception on Islamic Crowd Funding (ICF) as a possible financial solution for the pandemic crises. Several factors were used such as concept, justice and fairness and acceptance of ICF. A total of 322 responses were collected by means of questionnaires and processed using SPSS. The result indicated that justice and fairness values has a higher attraction that concept. Hence practitioners should emphasis on these values to attract customers during this Covid 19 crisis. The result of this study further contributed to new body of knowledge on ICF as a solution to the pandemic Covid 19 crisis.

Item Type: Conference or Workshop Item (Plenary Papers)
Additional Information: 4433/85180
Uncontrolled Keywords: Islamic crowd funding, Covid 19, Concept, Justice and fairness and acceptance.
Subjects: H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
H Social Sciences > HJ Public Finance
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: Dr Dzuljastri Abdul Razak
Date Deposited: 01 Dec 2020 14:21
Last Modified: 01 Dec 2020 14:21
URI: http://irep.iium.edu.my/id/eprint/85180

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