Technology Acceptance and Technology Usage: Importance to Cash Waqf Contribution

Abstract

Cash waqf plays a vital role in the advancement of the socio economic wellbeing of the Muslim community. In Malaysia, cash waqf is one of the alternative instruments that can improve the social welfare and reduce the poverty rate and at the same time, lessen the burden of the government. Scholars believe that contribution of waqf by using cash is much important and more relevant due to its flexibility than waqf properties in the present day. Therefore, collection of cash waqf could be emphasized in order to use its benefit for the betterment of ummah. However, the collection of cash waqf fund in Malaysia is considered relatively low as the total amount collected did not reflect the total amount of Muslim population in Malaysia. Reasons behind this low collection are numerous such as lack of innovative and creative methods to facilitate the collection of cash waqf. Applying variousg technology advancement in cash waqf is envisaged to make the waqf collection more efficient and effective. Therefore, this study aims to investigate the influence of technology acceptance and technology usage towards the intention of cash waf contribution. This cross-section study employed a dataset comprised of 284 respondents working Muslims to investigate the role of technology acceptance and technology usage in influencing them to contribute cash waqf. The Partial Least Squares Structural Equation Modeling (PLS-SEM) was used to analyse data through correlation analysis. Referring to the correlation analysis, the finding discovered that there is a positive and strong relationship between technology usage to the intention of cash waqf contribution, On the other hand, there is negative relationship between technology acceptance and intention to contribute cash waqf.