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Determinants of Behavioral Intentions to Use Islamic Financial Technology: An Empirical Assessment

Author

Listed:
  • Mohammad Shahfaraz Khan

    (Department of Business Administration, University of Technology and Applied Sciences-Salalah, Salalah 215, Oman)

  • Mustafa Raza Rabbani

    (Department of Economics and Finance, College of Business Administration, University of Bahrain, Zallaq P.O. Box 32038, Bahrain)

  • Iqbal Thonse Hawaldar

    (Department of Finance and Accounting, College of Business Administration, Kingdom University, Riffa P.O. Box 40434, Bahrain)

  • Abu Bashar

    (School of Management, IMS Unison University, Dehradun 248009, India)

Abstract

This study examines the antecedents/determinants of behavioral intentions toward the utilization of Islamic financial technology for Middle Eastern customers. The study applied structural equation modeling (PLS-SEM). After robust research efforts were invested in the identification of factors, they and were converted into measures, and the results were analyzed. The results demonstrate that the independent variables shown in the UTAUT model have a significant impact on the behavior to adopt Islamic financial technology, which implies that the people are ready to use Islamic financial technology while making online transactions. The work in this study adds to the knowledge regarding the factors affecting behavioral intention to use Islamic fintech, as there is scarcity of studies in this domain, especially in the context of Middle Eastern online customers. Moreover, this study also considers the major categories of online payments.

Suggested Citation

  • Mohammad Shahfaraz Khan & Mustafa Raza Rabbani & Iqbal Thonse Hawaldar & Abu Bashar, 2022. "Determinants of Behavioral Intentions to Use Islamic Financial Technology: An Empirical Assessment," Risks, MDPI, vol. 10(6), pages 1-13, May.
    • Handle: RePEc:gam:jrisks:v:10:y:2022:i:6:p:114-:d:828261
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    References listed on IDEAS

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    Cited by:

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    2. Sitara Karim & Mustafa Raza Rabbani & Mamunur Rashid & Zaheer Anwer, 2022. "COVID-19 Challenges and the Role of Islamic Fintech," Springer Books, in: M. Kabir Hassan & Mustafa Raza Rabbani & Mamunur Rashid (ed.), FinTech in Islamic Financial Institutions, pages 341-356, Springer.
    3. Houshang Habibniya & Suzan Dsouza & Mustafa Raza Rabbani & Nishad Nawaz & Rezart Demiraj, 2022. "Impact of Capital Structure on Profitability: Panel Data Evidence of the Telecom Industry in the United States," Risks, MDPI, vol. 10(8), pages 1-19, August.
    4. Izabela Jonek-Kowalska, 2022. "Networking of Research Institutes in Poland as a Method of Strengthening Open Innovation—Genesis and Initial Effects in the Area of Commercialization," JOItmC, MDPI, vol. 8(3), pages 1-21, September.

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