Why People Intent to Invest Using Islamic Fintech: An analysis of Perceived Benefit, Risk, and Maqoshid Sharia

Ramadhan, Dona; Wibowo, Dedi

doi:10.4108/eai.11-7-2019.2297518

Cited by 2 publications

(3 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…These findings are in accordance with research by Pavlou (2003) which integrated risk perception into the TAM construct, the lower the uncertainty or risk a person feels from using technology-based services, the more likely he is to adopt these technology-based services. The findings of this study are in accordance with research conducted by Li et al (2016), Ramadhan & Wibowo (2020), and also Sipangkar & Wijaya (2020).…”

Section: The Effect Of Perceived Risk (Pr) On the Decision To Use (Du...supporting

confidence: 93%

“…Research by Sipangkar & Wijaya (2020) shows that students' intention to invest in peer to peer lending platforms is negatively affected by perceived risk. The results of this study are also in accordance with research conducted by Ramadhan & Wibowo (2020), risk perception has a negative and significant effect on investment intention using Islamic fintech peer to peer lending, risk perception is also the most powerful factor in predicting investment interest. H3: Perceived risk has a significant negative effect on the decision to use funding services on the sharia peer to peer lending platform.…”

Section: Perception Of Risksupporting

confidence: 89%

See 1 more Smart Citation

TAM Construct, Trust, and Religiosity for Decision of Muslim Lenders to Use Funding Services on Sharia Peer-to-Peer Lending Platforms (Website and Apps)

Hanif

Santosa

2023

JESTT

View full text Add to dashboard Cite

The study aims to analyze the factors that influence the decision of a Muslim lender to use funding services on Islamic peer to peer lending platform. The data analysis method used in this study is binary logistic regression analysis using the analysis tool of IBM SPSS Statistics 26 software. Populations in this study are Muslim communities who have used or are using funding services on peer to peer lending platforms in Indonesia (lender muslim). Sampling is based on the nonprobability sampling technique. Collecting research data through the process of distributing questionnaires to 330 respondents. The research findings indicate that Muslim lenders who make decisions to use financing services on Islamic peer to peer lending platforms are influenced by perceived ease of use, perceived usefulness, perceived risk, and religiosity. Trust has no influence on the decision of the Muslim lender to use the financing services on Islamic peer to peer lending platform. The main construction of the Technology Acceptance Model has a strong influence on the context of this research. The implications of the findings of this study are expected to contribute to sharia peer to peer lending fintech companies in designing effective strategies to increase the number of lenders in sharia peer to peer fintech lending, especially Muslim lenders. Keywords: Consumer behavior, technology acceptance, decision to use, Islamic peer to peer lending. ABSTRAK Penelitian ini bertujuan untuk menganalisis faktor-faktor yang mempengaruhi keputusan lender muslim dalam menggunakan layanan pendanaan di platform peer to peer lending syariah. Metode analisis data yang digunakan pada penelitian ini adalah analisis regresi logistik biner dengan menggunakan alat analisis berupa software IBM SPSS Statistics 26. Populasi pada penelitian ini adalah masyarakat muslim yang pernah atau sedang menggunakan layanan pendanaan di platform peer to peer lending syariah atau konvensional di Indonesia (lender muslim). Pemilihan sampel menggunakan teknik nonprobability sampling, yaitu purposive sampling. Pengumpulan data penelitian melalui proses penyebaran kuesioner kepada 330 responden. Temuan penelitian mengindikasikan bahwa lender muslim yang membuat keputusan penggunaan layanan pendanaan di platform peer to peer lending syariah dipengaruhi oleh persepsi kemudahan penggunaan, persepsi kegunaan, persepsi risiko, dan religiusitas. Kepercayaan tidak memiliki pengaruh terhadap keputusan lender muslim dalam menggunakan dalam layanan pendanaan di platform peer to peer lending syariah. Konstruk utama Technology Acceptance Model memiliki pengaruh yang kuat pada konteks penelitian ini. Implikasi dari temuan penelitian ini diharapkan dapat memberikan kontribusi terhadap perusahaan fintech peer to peer lending syariah dalam merancang strategi yang efektif untuk meningkatkan jumlah lender pada fintech peer to peer lending syariah khususnya lender muslim. Kata Kunci: Perilaku konsumen, penerimaan teknologi, keputusan penggunaan, peer to peer lending syariah.

show abstract

Section: The Effect Of Perceived Risk (Pr) On the Decision To Use (Du...supporting

confidence: 93%

Section: Perception Of Risksupporting

confidence: 89%

TAM Construct, Trust, and Religiosity for Decision of Muslim Lenders to Use Funding Services on Sharia Peer-to-Peer Lending Platforms (Website and Apps)

Hanif

Santosa

2023

JESTT

View full text Add to dashboard Cite

show abstract

“…Financial advice, given by the influencer can be a motivation to take an action. A study shows that the motivation given through social media can have an impact on a person's attitude in the case to invest (Ramadhan & Wibowo, 2020). Hence, motivation through social media has a very important role to predict a person's reaction so that an intention arises to take investment actions (Mazambani & Mutambara, 2019).…”

Section: Internationalmentioning

confidence: 99%

Understanding the Intention of Millennial Generation on Investment Through the Financial Technology Application

Sa’diyah¹,

Pratika²

2022

IJEBAR

View full text Add to dashboard Cite

The financial technology (fintech) companies utilize social media for many purposes. The increasing of digitalization in the fintech companies make consumers easier to make a purchase or an investment. This condition provides a phenomenon in which young generation is willing to invest their funds through fintech system. The purpose of this study is to examine whether social media marketing influences the intention of the young generation in investing. A total of 208 respondents coming from millennial generation involved in this study. Structural Equation Modeling (SEM) was used to analyze this research with the results showing that perceived relevance, informativeness, and utilitarian motivation have significant effect on millennial generation's intention to invest. In addition, perceived relevance and informativeness also influence utilitarian motivation.

show abstract

Why People Intent to Invest Using Islamic Fintech: An analysis of Perceived Benefit, Risk, and Maqoshid Sharia

Cited by 2 publications

References 11 publications

TAM Construct, Trust, and Religiosity for Decision of Muslim Lenders to Use Funding Services on Sharia Peer-to-Peer Lending Platforms (Website and Apps)

TAM Construct, Trust, and Religiosity for Decision of Muslim Lenders to Use Funding Services on Sharia Peer-to-Peer Lending Platforms (Website and Apps)

Understanding the Intention of Millennial Generation on Investment Through the Financial Technology Application

Contact Info

Product

Resources

About