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Intention to contribute in cash waqf to assist micro entrepreneurs in Covid 19 pandemic: applying theory planned behaviour

Abdul Razak, Dzuljastri and Syamsu Rizal, Zulmi (2022) Intention to contribute in cash waqf to assist micro entrepreneurs in Covid 19 pandemic: applying theory planned behaviour. South East Asia Journal of Contemporary Business, Economics and Law, 26 (1). pp. 31-37. ISSN 2289-1560

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Abstract

The COVID-19 pandemic has affected the Micro entrepreneur's financial position due to the mandatory lockdown that restricts face to face business. This situation has made them vulnerable because drop in daily sales and a shortage in cash flow. Cash waqf is a unique instrument whereby donor uses cash to contribute to society needs. It differs from traditional waqf practices that use the property. This study aims to investigate whether cash waqf can assist micro entrepreneurs during pandemic phase. It is carried out by analysing the Theory of Planned Behavior (TPB) that explains the relationship between attitude, subjective norm and perceived behavioural control and the intention to use. A survey method used to measure the validity of TPB. The results show that attitude and perceived behaviour control have significant relationship with donors’ intention for cash waqf while subjective norm is not significant. The results have contributed to body of knowledge on the utilization of cash waqf assist Micro entrepreneurs during pandemic by using TPB. Besides, it will also benefit the regulators to assess the usage of cash wafer Micro entrepreneurs

Item Type: Article (Journal)
Uncontrolled Keywords: Cash Waqf, Theory Of Planned Behavior COVID 19, Micro entrepreneurs
Subjects: H Social Sciences > HG Finance
H Social Sciences > HG Finance > HG3368 Islamic Banking and 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: 15 Mar 2022 20:13
Last Modified: 15 Mar 2022 20:13
URI: http://irep.iium.edu.my/id/eprint/97224

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