Factors influencing the customers' selection towards diminishing partnership home financing: an empirical study

Redzuan, Nur Harena and Abdul Razak, Dzuljastri (2014) Factors influencing the customers' selection towards diminishing partnership home financing: an empirical study. In: Islamic Business Management Conference (IBMC 2014), 18th-19th August 2014, Kuala Lumpur. (Unpublished)

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Abstract

This research paper sought to investigate the selection criteria that influence customers in adopting Islamic home financing based on diminishing partnership concept. It is to determine the key factors among selection criteria of home financing, where the factors of ranking will be provided. A structured questionnaire was developed to the target population of existing home financing customers as well as potential home financing customers. 143 respondents were sampled from the target population using purposive sampling. The study is conducted by using Exploratory Factor Analysis (EFA). The finding shows that the factors influence customers to select the diminishing partnership home financing are in the following rank order: Shariah compliance, Promotion of societal well-being and equitable distribution, Overall view and preference, Method of computing and pricing, Concept of equity financing and Justice and equality.

Item Type:	Conference or Workshop Item (Plenary Papers)
Additional Information:	4433/38927
Uncontrolled Keywords:	home financing, Islamic home financing
Subjects:	H Social Sciences > HG Finance > HG4001 Financial management. Business finance. Corporation finance.
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF) Kulliyyah of Economics and Management Sciences > Department of Finance
Depositing User:	Dr Dzuljastri Abdul Razak
Date Deposited:	11 Nov 2014 10:00
Last Modified:	19 Feb 2019 17:04
URI:	http://irep.iium.edu.my/id/eprint/38927

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