Islamic home financing in Pakistan: a SEM-based approach using modified TPB model

References

• Abdul-Razak, D. & Abduh, M. (2012) Customers’ attitude towards diminishing partnershiphome financing in Islamic banking, American Journal of Applied Sciences, 9(4), pp. 593–599.
   Google Scholar
• Abdul-Razak, D., Mohammed, M. O. & Md-Taib, F. (2008) Consumers’ acceptance on Islamichome financing: empirical evidence on Bai Bithaman Ajil (BBA) in Malaysia, in: IIUM International Accounting Conference IV (INTAV), June 24–26, Sepang Utara, Marriot Putrajaya Hotel.
   Google Scholar
• Ahmad, N. & Haron, S. (2002) Perceptions of Malaysian corporate customers towards Islamic banking products and services, International Journal of Islamic Financial Services, 3(4), pp. 13–29.
   Google Scholar
• Ajzen, I. (1991) The theory of planned behaviour, Organizational Behavior and Human Decision Processes, 50(2), pp. 179–211.10.1016/0749-5978(91)90020-T
   Web of Science ®Google Scholar
• Ajzen, I. (2002) Constructing a TPB questionnaire: conceptual and methodologicalconsiderations mimeo. Available at www.unixoit.umass.edu/_aizen/tpb.html
   Google Scholar
• Ajzen, I. & Fishbein, M. (1980) Understanding Attitudes and Predicting Social Behavior. (Englewood Cliffs, NJ: Prentice Hall).
   Google Scholar
• Ajzen, I. & Fishbein, M. (2000) Attitudes and the attitude-behavior relation: reasoned andautomatic processes, in: Stroebe, W. & Hewstone, M. (Eds) European Review of SocialPsychology, pp. 1–28 (New York, NY: Wiley).
   Google Scholar
• Ali, M. (2016) Bank profitability and its determinants in Pakistan: A panel data analysis after financial crisis. Journal of Finance and Economics Research, 1(1), pp. 1–14.
   Google Scholar
• Ali, M. & Puah, P. (2015) Factors affecting intention to use Islamic personal financing in Pakistan: Evidence from the modified TRA model. MPRA paper number. 66023, University library of Munich, Germany.
   Google Scholar
• Ali, M. & Raza, S. A. (2015a) Factors affecting to select Islamic Credit Cards in Pakistan: The TRA Model. MPRA paper number. 64037, University library of Munich, Germany.
   Google Scholar
• Ali, M. & Raza, S. A. (2015b) Service quality perception and customer satisfaction in Islamic banks of Pakistan: the modified SERVQUAL model, Total Quality Management & Business Excellence, 28, pp. 1–19.
   Web of Science ®Google Scholar
• Amin, H. (2008) Choice criteria for Islamic home financing: empirical investigation among Malaysian bank customers, International Journal of Housing Markets and Analysis, 1(3), pp. 256–274.
   Google Scholar
• Amin, H. (2012) Patronage factors of Malaysian local customers toward Islamic credit cards, Management Research Review, 35(6), pp. 512–530.10.1108/01409171211238271
   Google Scholar
• Amin, H., Lada, S., Muhammad, M. Z. & Ghazali, M. F. (2009) Customers’ perception of Islamicfinancing products in Eastern Malaysia: an empirical investigation Unpublished UMSFundamental Research Report, Sabah: Universiti Malaysia Sabah.
   Google Scholar
• Amin, H., Rahim Abdul Rahman, A. & Abdul Razak, D. (2014) Consumer acceptance of Islamic home financing, International Journal of Housing Markets and Analysis, 7(3), pp. 307–332.
   Google Scholar
• Bentler, P. M. (1990) Comparative fit indexes in structural models, Psychological Bulletin, 107(2), pp. 238–246.10.1037/0033-2909.107.2.238
   PubMed Web of Science ®Google Scholar
• Bilic, B. (2005) The theory of planned behaviour and health behaviours: Critical analysis of methodological and theoretical issues, Hellenic Journal of Psychology, 2(3), pp. 243–259.
   Google Scholar
• Byrne, B. M. (2010) Structural Equation Modeling with AMOS: Basic Concepts, Applications, and Programming, 2nd ed., (New York, NY: Taylor and Francis Group).
   Google Scholar
• Chan, S. C. & Lu, M. T. (2004) Understanding internet banking adoption and user behavior: a Hong Kong perspective, Journal of Global Information Management, 12(3), pp. 21–43.10.4018/JGIM
   Google Scholar
• Chau, P. Y. & Hu, P. J. H. (2001) Information technology acceptance by individual professionals: A model comparison approach, Decision sciences, 32(4), pp. 699–719.
   Web of Science ®Google Scholar
• Compeau, D. R. & Higgins, C. A. (1995) Computer self-efficacy: development of a measure and initial test, MIS Quarterly, 19(2), pp. 189–211.10.2307/249688
   Web of Science ®Google Scholar
• Comrey, A. L. & Lee, H. B. (1992) A First Course in Factor Analysis. (Hillsdale, NJ: Erlbaum).
   Google Scholar
• Collins, R. L. & Ellickson, P. L. (2004) Integrating four theories of adolescent smoking, Substance Use & Misuse, 39(2), pp. 179–209.
   PubMed Web of Science ®Google Scholar
• Davis, F. D., Bagozzi, R. P. & Warshaw, P. R. (1989) User acceptance of computer technology: acomparison of two theoretical models, Management Science, 35(8), pp. 982–1003.10.1287/mnsc.35.8.982
   Web of Science ®Google Scholar
• Devlin, J. F. (2002a) An analysis of choice criteria in the home loans market, International Journal of Bank Marketing, 20(5), pp. 212–226.10.1108/02652320210437661
   Google Scholar
• Devlin, J. F. (2002b) Customer knowledge and choice criteria in retail banking, Journal of Strategic Marketing, 10(4), pp. 273–290.10.1080/0965254022000014541
   Google Scholar
• Ebert, R. J. & Griffin, R. W. (1998) Business Essentials, 2nd ed. (Upper Saddle, NJ: Prentice-Hall).
   Google Scholar
• Emory, C. W. & Cooper, D. R. (1991) Business Research Methods. (Homewood, IL: Richard D. Irwin).
   Google Scholar
• Fauziah, Taib M., Ramayah, T., & Abdul Razak, D. (2008) Factors influencing intention to use diminishing partnership home financing, International Journal of Islamic and Middle Eastern Finance and Management, 1(3), pp. 235–248.
   Google Scholar
• Fishbein, M. & Ajzen, I. (1975) Belief, Attitude, Intention and Behavior: An Introduction to Theory and Research. (Reading, MA: Addison-Wesley).
   Google Scholar
• Fishbein, M. & Yzer, M. C. (2003) Using theory to design effective health behavior interventions, Communication theory, 13(2), pp. 164–183.
   Web of Science ®Google Scholar
• Ford, J. & Jones, A. (2001) “Choosing a mortgage: a research review”, Financial Services Authority Consumer Research Paper No. 8, Financial Services Authority, London. Available at www.fsa.gov.uk/pubs/consumer-research/crpr08.pdf
   Google Scholar
• Gopi, M. & Ramayah, T. (2007) Applicability of theory of planned behavior in predictingintention to trade online: some evidence from a developing country, International Journal of Emerging Markets, 2(4), pp. 348–360.10.1108/17468800710824509
   Google Scholar
• Greve, W. (2001) Traps and gaps in action explanation: Theoretical problems of a psychology of human action, Psychological review, 108(2), p. 435.
   PubMed Web of Science ®Google Scholar
• Hair, J. F., Anderson, R. E., Tatham, R. L. & William, C. (1998) Black 1998, Multivariate data analysis, 5th ed., (Upper Saddle River).
   Google Scholar
• Hair, J. F., Black, W. C., Babin, B. J., Anderson, R. E. & Tatham, R. L. (2006) Multivariate Data Analysis, Vol. 6. (Upper Saddle River, NJ: Pearson Prentice Hall).
   Google Scholar
• Hamid, A. & Masood, O. (2011) Selection criteria for Islamic home financing: a case study of Pakistan, Qualitative Research in Financial Markets, 3(2), pp. 117–130.10.1108/17554171111155357
   Google Scholar
• Hanafi, H. & Kasim, N. H. (2006) Islamic house financing: the viability of istisna compared to bay bithamanajil (BBA), Jurnal Syariah, 14(1), pp. 35–52.
   Google Scholar
• Haniffa, R. & Hudaib, M. (2007) Exploring the ethical identity of Islamic banks via communication in annual reports, Journal of Business Ethics, 76(1), pp. 97–116.10.1007/s10551-006-9272-5
   Web of Science ®Google Scholar
• Hansen, T., Jensen, J. M. & Solgaard, H. S. (2004a) Predicting online grocery buying intention: a comparison of the theory of reasoned action and the theory of planned behavior, International Journal of Information Management, 24(6), pp. 539–550.10.1016/j.ijinfomgt.2004.08.004
   Web of Science ®Google Scholar
• Hansen, T., Jensen, J. M. & Solgaard, H. S. (2004b) Predicting online grocery buying intention: a comparison of the theory of reasoned action and the theory of planned behaviour, International Journal of Information Management, 24(6), pp. 539–550.10.1016/j.ijinfomgt.2004.08.004
   Web of Science ®Google Scholar
• Haron, S. (2005) Sistemkewangandanperbankan Islam. (Kuala Lumpur: KLBS).
   Google Scholar
• Haron, S. & Shanmugam, B. (2001) Islamic Banking System. (Subang Jaya: Pelanduk).
   Google Scholar
• Hultsch, D. F., MacDonald, S. W. S., Hunter, M. A., Maitland, S. B. & Dixon, R. A. (2002) Samplingand generalizability in developmental research: comparison of random and convenience samples of older adults, International Journal of Behavioral Development, 26(4), pp. 345–359.10.1080/01650250143000247
   Web of Science ®Google Scholar
• Ibrahim, M. F., Eng, O. S. & Parsa, A. (2009) Shariah property investment in Asia, Journal of Real Estate Literature, 17(2), pp. 233–248.
   Google Scholar
• Ing-Long, W. & Jian-Liang, C. (2005) An extension of trust and TAM model with TPB in theinitial adoption of on-line tax: an empirical study, International Journal of Human-Computer Studies, 62(6), pp. 784–808.
   Web of Science ®Google Scholar
• Jalil, M. I. A., Yusoff, R. & Mahmud, R. (2010) Selection factors of customers towards Islamic Dan conventional home financing products offered by Malayan Banking Berhad: a casestudy in Johar. in: Proceeding International Conference on Business and Economics (ICBE) (Vol. 1, No. 1). Politeknik Negeri Padang.
   Google Scholar
• Jen-Ruei, F., Cheng-Kiang, F. & Wen-Pin, C. (2006) Acceptance of electronic tax filing: a studyof taxpayer intentions, Information & Management, 43, pp. 109–126.
   Web of Science ®Google Scholar
• Kahf, M. & Khan, T. (1992) Principles of Islamic Financing, Islamic Research and TrainingInstitute (IRTI), (KSA, Jeddah: Islamic Development Bank).
   Google Scholar
• Kaiser, H. F. (1974) An index of factorial simplicity, Psychometrika, 39(1), pp. 31–36.10.1007/BF02291575
   Web of Science ®Google Scholar
• Kazi, A. U. & Halabi, A. K. (2006) The influence of Quran and Islamic financial transactions and banking, Arab Law Quarterly, 20(3), pp. 321–331.10.1163/026805506778388836
   Google Scholar
• KFH Research. (2010) Islamic Finance Research. Available at www.mifc.com
   Google Scholar
• Khan, F. (2010) How ‘Islamic’ is Islamic banking?, Journal of Economics Behavior and Organization, 76(3), pp. 805–820.10.1016/j.jebo.2010.09.015
   Web of Science ®Google Scholar
• Lee, J. E. & Ho, P. S. (2002) A retail investor’s perspective on the acceptance if internet stocktrading, in: System Sciences, 2003. Proceedings of the 36th Annual Hawaii International Conference 11, IEEE.
   Google Scholar
• Lewis, W., Agarwal, R. & Sambamurthy, V. (2003) Sources of influence on beliefs about information technology use: An empirical study of knowledge workers, MIS quarterly, pp. 657–678.
   Web of Science ®Google Scholar
• Lindblad, M. R. & Riley, S. F. (2015) Loan modifications and foreclosure sales during the financial crisis: consequences for health and stress, Housing Studies, 30(7), pp. 1092–1115.10.1080/02673037.2015.1008425
   Web of Science ®Google Scholar
• Lobb, A. E., Mazzocchi, M. & Traill, W. B. (2007) Modelling risk perception and trust in food safety information within the theory of planned behaviour, Food Quality and Preference, 18(2), pp. 384–395.10.1016/j.foodqual.2006.04.004
   Web of Science ®Google Scholar
• Lu, J., Yu, C. S., Liu, C. & Yao, J. E. (2003) Technology acceptance model for wireless internet, Internet Research, 13(3), pp. 206–222.10.1108/10662240310478222
   Web of Science ®Google Scholar
• Lymperopoulos, C., Chaniotakis, I. E. & Soureli, M. (2006) The importance of service quality in bank selection for mortgage loans, Managing Service Quality, 16(4), pp. 365–379.10.1108/09604520610675702
   Google Scholar
• Ma’ruf, J. J., Mohamad, O. & Ramayah, T. (2003) Intention to purchase via the internet: a comparison of two theoretical models, in: The Proceedings of the 5th Asian Academy of Management Conference, “Challenges of Globalized Business: The Asian Perspective”, Hyatt Hotel, Kuantan, Pahang, Malaysia.
   Google Scholar
• Maali, B., Casson, P. & Napier, C. (2006) Social reporting by Islamic banks, ABACUS, 42(2), pp. 266–89.
   Web of Science ®Google Scholar
• Mathieson, K. (1991) Predicting user intention: comparing the technology acceptance model with the theory of planned behaviour, Information System Research, 2(3), pp. 173–191.10.1287/isre.2.3.173
   Web of Science ®Google Scholar
• May, O. S. User acceptance of internet banking in Penang: a model comparisonapproach, MBA thesis, School of Management, University Sains Malaysia, Penang, 2005.
   Google Scholar
• Md-Taib, F. M., Ramayah, T. & Abdul-Razak, D. (2008) Factor influencing intention to use diminishing partnership home financing, International Journal of Islamic and Middle Eastern Finance and Management, 1(3), pp. 235–248.
   Google Scholar
• Muneeza, A., Hassan, R. & Wisham, I. (2011) Islamic Banking Under the Malaysia Law. (Kuala Lumpur: A. S. Noordeen).
   Google Scholar
• Nayeem, O., Shiliwala, M. & Shiliwala, W. (2009) A conflict of interest: Islamic home financing in America, Economic Affairs, 29(2), pp. 22–27.10.1111/ecaf.2009.29.issue-2
   Google Scholar
• Newell, G. & Osmadi, A. (2009) The development and preliminary performance analysis of Islamic REITs in Malaysia, Journal of Property Research, 26(4), pp. 329–347.
   Google Scholar
• Nunnally, J. (1978) Psychometric theory, 2nd ed., (New York, NY: McGraw-Hill)..
   Google Scholar
• Olson, D. & Zoubi, T. A. (2008) Using accounting ratios to distinguish between Islamic and conventional banks in the GCC region, The International Journal of Accounting, 43, pp. 45–65.10.1016/j.intacc.2008.01.003
   Google Scholar
• Omer, H. The implication of Islamic beliefs and practice on Islamic financial institutions in the UK, PhD dissertation, University Loughborough, 1992.
   Google Scholar
• Polat, A., Yesilyaprak, M. & Kaya, R. (2014) Understanding Islamic bank selection of customers: a field research from Turkish participation banks, International Journal of Financial Research, 5(4), p22.
   Google Scholar
• Rahman, Z. A. (2005) Competitive Pricing of Islamic Banking. (Kuala Lumpur: NST).
   Google Scholar
• Ramayah, T. & Mohd Suki, N. (2006) Intention to use mobile PC among MBA students: implications for technology integration in the learning curriculum, UNITAR E-Journal, 1(2), pp. 1–10.
   Google Scholar
• Ramayah, T., Noor, M. N. M., Nasurdin, A. M. & Hasan, H. (2003) Students’ choice intention of a higher learning institution: an application of the theory of reasoned action (TRA), Malaysian Management Journal, 7(1), pp. 47–62.
   Google Scholar
• Ramayah, T., Ling, C. Y., Norazah, M. S. & Ibrahim, M. (2005) Determinants of intention to usean online bill payment system among MBA students, E-Business, 9, pp. 80–91.
   Google Scholar
• Raza, S. A. & Hanif, N. (2013) Factors affecting internet banking adoption among internal and external customers: a case of Pakistan, International Journal of Electronic Finance, 7(1), pp. 82–96.10.1504/IJEF.2013.051746
   Google Scholar
• Raza, S. A., Jawaid, S. T. & Hassan, A. (2015) Internet banking and customer satisfaction in Pakistan, Qualitative Research in Financial Markets, 7(1), pp. 24–36.10.1108/QRFM-09-2013-0027
   Web of Science ®Google Scholar
• Raza, S. A., Qazi, W. & Umer, A. (2016) Facebook is a source of social capital building among university students evidence from a developing country, Journal of Educational Computing Research, 0735633116667357.
   Web of Science ®Google Scholar
• Rhodes, R. E. & Courneya, K. S. (2003) Investigating multiple components of attitude, subjective norm, and perceived control: an examination of the theory of planned behavior in the exercise domain, The British Journal of Social Psychology, 42, pp. 129–146.10.1348/014466603763276162
   PubMed Web of Science ®Google Scholar
• Rosly, S. (1999) Al-Bay’ Bithaman Ajil financing: impacts on Islamic banking performance, Thunderbird International Business Review, 41(4-5), pp. 461–480.10.1002/(ISSN)1520-6874
   Google Scholar
• Salah, O. (2015) Islamic finance: the impact of the AAOIFI resolution on equity-based sukuk structures, Law and Financial Markets Review, 4(5), pp. 507–517.
   Google Scholar
• Shih, Y. Y. & Fang, K. (2004) The use of decomposed theory of planned behavior to study internet banking in Taiwan, Internet Research, 14(3), pp. 213–223.10.1108/10662240410542643
   Web of Science ®Google Scholar
• Taylor, S. & Todd, P. (1995) Understanding the information technology usage: a test of competing models, Information Systems Research, 6(2), pp. 144–176.10.1287/isre.6.2.144
   Web of Science ®Google Scholar
• Teo, T. & Lee, C. B. (2010) Explaining the intention to use technology among student teachers: an application of the theory of planned behaviour (TPB), Campus Wide Information Systems, 27(2), pp. 60–67.10.1108/10650741011033035
   Google Scholar
• Teo, T. S. & Pok, S. H. (2003) Adoption of WAP-enabled mobile phones among Internet users, Omega, 31(6), pp. 483–498.
   Web of Science ®Google Scholar
• The City UK. (2012) Islamic finance, Financial Market Series. March.
   Google Scholar
• Thean, L. C. (2009) A test for Islamic home financing? The Star. Available at http://thestar.com.my (accessed 31 May 2011).
   Google Scholar
• Tse, R. Y. C. (1997) Optimal loan size and mortgage rationing, Journal of Property Finance, 8(3), pp. 195–206.10.1108/09588689710175024
   Google Scholar
• Venkatesh, V. & Davis, F. D. (2000) A theoretical expansion of the technology acceptance model: four longitudinal field studies, Management Science, 46(2), pp. 186–204.10.1287/mnsc.46.2.186.11926
   Web of Science ®Google Scholar
• Wan-Ahmad, W. M., Ab-Rahman, A., Ali, N. A. & CheSeman, A. (2008) Religiosity and banking selection criteria among Malays in Lembah Klang, Jurnal Syariah, 16(2), pp. 279–304.
   Google Scholar
• Wilkinson, D. & Abraham, C. (2004) Constructing an integrated model of the antecedents of adolescent smoking, British Journal of Health Psychology, 9(3), pp. 315–333.
   PubMed Web of Science ®Google Scholar
• Yulihasri, T. Retailing on internet: A study of the factors that influence the customers buying intention among students of a public institution of higher learning, MBA dissertation, Universiti Sains Malaysia, Penang, 2004.
   Google Scholar