IDEAS home Printed from https://ideas.repec.org/a/taf/oabmxx/v9y2022i1p2087466.html
   My bibliography  Save this article

Adoption of Islamic microfinance in Indonesia an empirical investigation: an extension of the theory of planned behaviour

Author

Listed:
  • Purwanto Purwanto
  • Irwan Abdullah
  • Abdul Ghofur
  • Shodiq Abdullah
  • Misbah Zulfa Elizabeth

Abstract

The theoretical framework of the Theory of Planned Behaviour (TPB) has been widely used in analysing behavioural intentions to adopt Islamic finance. However, there is still little research investigating the adoption of Islamic microfinance. This study aims to determine the factors influencing behavioural intentions to adopt Islamic microfinance by developing the Theory of Planned Behaviour (TPB). The development is done by adding religiosity and knowledge variables as antecedents of attitude. A random sample of 262 members of Islamic microfinance. Variance-based partial least-squares structural equation modelling (PLS-SEM) was employed for data analysis. The results show that religiosity and have a significant influence on attitudes. Meanwhile, attitudes, subjective norms, and perceived behavioural control also significantly positively affect behavioural intentions to adopt Islamic microfinance. Then subjective norms greatly determine behavioural intentions to adopt Islamic microfinance. The findings of this study are important for Islamic microfinance to change marketing strategies. Islamic microfinance managers must develop a positive attitude through creating awareness and benefits of Islamic microfinance services by involving community leaders, especially religious leaders.

Suggested Citation

  • Purwanto Purwanto & Irwan Abdullah & Abdul Ghofur & Shodiq Abdullah & Misbah Zulfa Elizabeth, 2022. "Adoption of Islamic microfinance in Indonesia an empirical investigation: an extension of the theory of planned behaviour," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2087466-208, December.
    • Handle: RePEc:taf:oabmxx:v:9:y:2022:i:1:p:2087466
    DOI: 10.1080/23311975.2022.2087466
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23311975.2022.2087466
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/23311975.2022.2087466?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Erna Erna & Iwan Setiawan & Aos Aos, 2024. "Investigating Individual’s Energy Saving Behavior in Using Electric Vehicles: Extended Theory of Planned Behavior," International Journal of Energy Economics and Policy, Econjournals, vol. 14(1), pages 517-523, January.
    2. Aleksandr Ključnikov & Mehmet Civelek & Václav Kupec & Natálie Bruder Badie, 2025. "Breaking down entrepreneurial barriers: exploring the nexus of entrepreneurial behavior, innovation, and bank credit access through the lens of the theory of planned behavior," International Entrepreneurship and Management Journal, Springer, vol. 21(1), pages 1-35, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oabmxx:v:9:y:2022:i:1:p:2087466. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://cogentoa.tandfonline.com/OABM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.