Predicting the Behavioural Intention for Cash Waqf: Evidence from Malaysia and Thailand

Yusoff, Ruslaina; Rahman, Shariful Amran Abd; Mohamed, Wan Zahari; Benrit, Parichard; Darus, Faizah

doi:10.1007/978-3-031-06890-4_6

Cited by 4 publications

(10 citation statements)

References 13 publications

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“…Our results show that PBC assumes the highest marginal effect on Intention. This is in harmony with the strand of the previous studies, such as Hasbullah et al (2016), Osman and Muhammed (2017), Yusoff et al (2017), Andam and Osman (2019) and Azizi (2019). This is followed by Subjective Norms, Attitudes and Knowledge.…”

Section: Conclusion and Recommendationsupporting

confidence: 83%

“…TPB variables are essential determinants of endowing cash waqf, agnostic to the generation categories. This is in harmony with Hasbullah et al (2016), Osman and Muhammed (2017), Yusoff et al (2017), Abdul Kareem and Ogunbado (2019), Andam and Osman (2019) and Azizi (2019). The magnitude of TPB influence on Intention is consistently the biggest among other variables across different generations.…”

Section: Discussionmentioning

confidence: 55%

“…According to previous studies, these three variables of the TPB (Attitude, Subjective Norms and PBC) are considered to have a significant influence on Intention to endow cash waqf (Hasbullah et al, 2016;Osman et al, 2016;Osman and Muhammed, 2017;Shukor et al, 2017;Yusoff et al, 2017;Azizi et al, 2019;Haidlir et al, 2021). We, thus, propose the following hypotheses: H5.…”

Section: Attitude Subjective Norms and Perceived Behavioral Controlmentioning

confidence: 87%

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Intergenerational analysis of cash waqf behavior: lessons learned from Indonesia

Jatmiko

Haidlir

Azizon

et al. 2023

JIABR

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Purpose The proponents of cash waqf speak highly about its huge potential for mobilizing the third sector of the economy to fund the socio-economic development agenda. However, the under-collection issue has been characterizing the cash waqf movement globally. This study aims to examine how understanding the distinct cash waqf donating behavior across different generations has the potential to address the problem. Design/methodology/approach This study extends the theory of planned behavior by adding religiosity and knowledge variables into the standard model, using the partial least square structural equation modeling. A survey is conducted on 684 respondents representing the main provinces in Indonesia and four major generations (Baby Boomers [BB], Generations X, Y and Z). Findings Religiosity, Knowledge, Attitude, Subjective Norms and Perceived Behavioral Control directly or indirectly affect cash waqf intention. The effect is contingent on the characteristics of generations. Research limitations/implications This study covers only the Indonesian case with limited coverage of the more heterogeneous provinces in the country. The sample distribution for BB can also be enlarged. Practical implications Cash waqf institutions (government and private) should apply the dynamic segmenting strategy, where the diversification of the promotion, marketing, awareness and approaches are contingent on the different characteristics of each generation. Originality/value To the best of the authors’ knowledge, this is the first study evaluating the intergenerational determinants of Intention toward cash waqf, particularly in Indonesia.

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Section: Conclusion and Recommendationsupporting

confidence: 83%

Section: Discussionmentioning

confidence: 55%

Section: Attitude Subjective Norms and Perceived Behavioral Controlmentioning

confidence: 87%

See 1 more Smart Citation

Intergenerational analysis of cash waqf behavior: lessons learned from Indonesia

Jatmiko

Haidlir

Azizon

et al. 2023

JIABR

View full text Add to dashboard Cite

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“…Empirical data highly support the Theory of Planned Behavior (TPB) by performing behavioural indifference areas with high accuracy predicting components from the attitude towards behavioural indifference (Hasbullah et al, 2016;Osman & Muhammed, 2017;Yusoff et al, 2017). This study will concentrate on how TPB's underlying psychological characteristics of knowledge, altruism, and trust influence behavioural endowment intention.…”

Section: Introductionmentioning

confidence: 98%

“…It indicates how hard individuals attempt and how much effort they intend to expend when completing an activity (Ajzen, 2005). Thus, the more robust an individual's purpose, the greater the likelihood of engaging in given conduct (Yusoff et al, 2017). The intention is an individual's proclivity to behave, up to the point at which an attempt is made to shift from intention to behaviour.…”

Section: Introductionmentioning

confidence: 99%

Determinants Of Behavioural Endowment Intention Among Private Higher Education Alumni

Samad¹

2022

The European Proceedings of Multidisciplinary Sciences

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Endowment or waqf fund education plays a significant role in the higher education institutions (HEI) ecosystem. In addition, the development of endowment funds or waqf in education became one of the main agendas for the Malaysia Higher Education Ministry to sustain the financial stability of the education institution. However, only slight attention was given to the participation of endower among the alumni of private higher education institutions (PHEI). Therefore, this paper aims to investigate the effects of knowledge, altruism, and trust among PHEI alumni on their intention to contribute endowments or waqf. This study applied quantitative approach by distributing questionnaires to PHEI alumni in Selangor. There were 104 questionnaires returned and analysed by using the SmartPLS software. The results indicate that individual altruism and trust are significantly influenced behavioural endowment intention. However, knowledge has no significant influence on the endowment intention among alumni of PHEI. The findings of this study have significantly contributed to the theory and practices to the related parties such as endowment or waqf institutions, Islamic regulatory bodies, and other stakeholders of PHEI, particularly alumni, to promote social responsibility and sustainable education industry in the country.

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Investigating Institutional Investors' Behaviours toward Cash Waqf Linked Sukuk (CWLS) using DTPB

Nurhaida,

Jasfar,

Ismal

et al. 2023

IJIEF

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Cash Waqf Linked Sukuk (CWLS) is a newly developed social investment instrument to stimulate Indonesia's productive waqf movement. CWLS has numerous commercial and social benefits and worship values. However, despite these advantages, it takes a long time for CWLS to collect funds due to various challenges and inadequate investors' response rate, which is still far from expectation. Thus, this study looks into the contributing factors and antecedence that entail and determine the decision of an institutional investor to invest. The theoretical framework applied the decomposed theory of planned behavior (DTPB). Additionally, it highlights a new perspective by delivering the specific determinants that impact investors' attitudes, moral norms, and perceived behavior control. These factors offer a deep understanding of the association and determine their definite effects on intentions. Based on a survey of 250 respondents, analyzed using partial least squares – structural equation modeling (PLS-SEM), it was found that the proposed hypotheses were accepted. Above all, the important finding is the contribution of attitude as the dominant determinant impacting the investor's intention. It was mainly driven by perceived Ihsan as part of the Muslim religiosity dimension reflecting the spirit to do good. This study's findings provide deeper insight into untested behavior literature. This study will also benefit policymakers, academicians, and future researchers.

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Predicting the Behavioural Intention for Cash Waqf: Evidence from Malaysia and Thailand

Cited by 4 publications

References 13 publications

Intergenerational analysis of cash waqf behavior: lessons learned from Indonesia

Intergenerational analysis of cash waqf behavior: lessons learned from Indonesia

Determinants Of Behavioural Endowment Intention Among Private Higher Education Alumni

Investigating Institutional Investors' Behaviours toward Cash Waqf Linked Sukuk (CWLS) using DTPB

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