The findings indicate Pulau langkawi community is aware of the term Islamic pawn broking but the awareness is at a different level among the races. Operating alongside with the formal financial sector, there has been less recognition about the important role played by informal finance through their complementary role in providing credit to the society. Among informal finance, pawnshop has grown in importance over the past few years especially during the tough economic climate. Population and Housing Census Malaysia. Hamid, S and Abdul Aziz, A. Authors are invited to write to the editor-in-chief, Dr Nassef Manabilang Adiong, to discuss the submission of their proposed article s.
You are commenting using your Google account. 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. Behavioural and Perception Analysis. Abstract In this paper we aim to examine the effectiveness of Al-Rahnu Islamic pawn broking services in fulfilling and enhancing socio-economic needs of its users as an alternative source of managing short term cash flow problem. Like the official Facebook page.
Show full item record. Doctoral thesis, Durham University.
A study of Islamic practice in Ar-Rahnu at financial institution
To achieve our objectives we conducted a survey in two cities of Malaysia: Pawnshops specialize in the business of making cash advances for person who pledges goods in security for payment. 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 terms of expanding in the informal economy.
The findings from the surveys analysis demonstrate that the customers of Islamic pawnshops attest the positive role of pawnshop in both economic and social aspects of their lives especially in the case of low-income groups as compared to the conventional pawnshops.
By continuing to browse this repository, you give consent for essential cookies to be used. Customer Acceptance on Islamic Pawnbroking: Quick links Latest additions Search Browse by year Browse by department.
This paper discusses the operations of the conventional pawnshop; Ar-Rahnu or Islamic pawn broking; and also Riba usury. Questionnaires were used to collect the data and were analyzed via cross tabulation, mean score analysis and multiple regressions. Population Distribution and Basic Demographics Characteristics The analysis also find out that majority of the borrowers, thrsis and businessmen are in favor of the establishment of Ar-Rahnu or Islamic pawn broking to help the poor in the needy.
Facebook Page Youtube Facebook Group. Sorry, your blog cannot share posts by email.
UniKL IR: A Study on the Opportunities toward Ar Rahnu Scheme in Malaysia
Please use this identifier to cite or link to this item: Learn how your comment data is processed. Among informal finance, pawnshop has grown in importance over the past few years especially during the tough economic climate.
It is also found that the main factor influencing public to pursue Islamic pawn broking was its cheap cost of loan. Padjak or Pawnshops are economic institution that existed among the Moros a long time ago. Development of Islamic Pawn-broking Services: You are commenting using your Facebook account.
Importantly, rahun 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. The other factors that were tested were confidential, customer service, locality and income level.
International Journal of Social Sciences. Behavioural and Perception Analysis.
Factors of customer’s intention to use Ar-Rahnu at Post Office: A case study in Kedah
Izzul Ifwat Bin Abdullah. Depositor Login Administrator Login. Second, a semi-structured interview were subsequently conducted with the leading individuals of the Islamic pawnbrokers in order to develop in-depth ideas and understanding about the underlying principle of Islamic pawnbroking and other issues related.
Paper as thesis submitted in fulfillment of the requirements for the degree of Doctor of Philosophy at Durham University. Abstract In this paper we aim to examine the effectiveness of Al-Rahnu Islamic rahni broking services in fulfilling and enhancing socio-economic needs of its users as an alternative source of managing short term cash flow problem.
The fulfillment of needs are derived from two main components thfsis Al-Rahnu survey questions i. Home Research Durham e-Theses. 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. This work is licensed under the Creative Commons Attribution-Non-commercial 4.