It is also found that the main factor influencing public to pursue Islamic pawn broking was its cheap cost of loan. Post was not sent – check your email addresses! Questionnaires were used to collect the data and were analyzed via cross tabulation, mean score analysis and multiple regressions. The other factors that were tested were confidential, customer service, locality and income level. Importantly, while the findings of the study renders valuable information in terms of behavioural dimension and customer preferences in pawnbroking, the findings are also useful for the businesses and government in considering the future development related to ar-rahn shops.
Population and Housing Census Malaysia. Izzul Ifwat Bin Abdullah.
Factors of customer’s intention to use Ar-Rahnu at Post Office: A case study in Kedah – eTheses
Authors are invited to write to the editor-in-chief, Dr Nassef Manabilang Adiong, to discuss the submission of their proposed article s. Durham e-Theses Home Questions? The findings also indicate that the majority of Islamic pawn broking consumers are in a lower income group, mainly from the private sector with an income of RM and below.
Behavioural and Perception Analysis. Facebook Page Youtube Facebook Group.
PEOPLE: International Journal of Social Sciences
The results were analyzed via the cross tabulation using excel spreadsheets. In Malaysia for instance, the pawnbroking business has served people in need of small instant cash since the 19th century in various forms.
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A study of Islamic practice in Ar-Rahnu at financial institution
International students Research degrees. Differentiating Profiles of Their Respective Patrons. Due to the excessive interest rate and other malpractices imposed by the conventional pawnshops, Malaysian government initiated the first Islamic pawnbroking in which was set up by the Terengganu Islamic Religious and Malay Customs Council namely as the Muassasah Gadaian Islam Terengganu, which has experienced an overwhelming success in thrsis of expanding in the informal economy.
It is also found that the main factor influencing public to pursue Islamic pawn broking was its cheap cost of loan. Institute of Islamic Banking and Insurance The establishment of Ar-Rahnu or Islamic pawn broking in Rahhnu City is expected to be a good alternative for the existing system of pawning.
Furthermore, a SWOT analysis is employed to analyse the prospect of Islamic pawnbroking in future with possible recommendations that could be considered by the government, pawnbrokers, and the customers as well. Given this background, the research aim is to explore and analyse the socio-economic consequences of pawnshops crediting in Malaysia through the perceptions of the participants.
UniKL IR: A Study on the Opportunities toward Ar Rahnu Scheme in Malaysia
Among informal finance, pawnshop has grown in importance over the past few years especially during the tough economic climate. International Islamic Conference You are commenting using your Facebook account.
A Rahun Era in Microfinance in Malaysia. User Username Password Remember me. You are commenting using your Twitter account.
This implies that the Ar-rahnu services are well accepted as a better mean to ease short term financial difficulties and hence able to empower socio-economic needs of the people. It was introduced by the Chinese settlers in the Southern part of the Philippines. Please use this identifier to cite or link to this item: The findings indicate Pulau langkawi community is aware of the term Islamic pawn broking but sr awareness is at a different level among the races.
To view a copy of this license, visit http: The findings from this study revealed that the community, especially the Malay ethnicity found Al-Rahnu services effective in fulfilling their needs of getting access to small short term loans with fast and hassle freeway and hence making them loyal to Al-Rahnu services.
This site uses Akismet to reduce spam. To achieve our objectives we conducted a survey in two cities of Malaysia: Padjak or Pawnshops are economic institution that existed among the Moros a long time ago.
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