Developing a pattern for determinants of Attitude and Intention Adoption towards Islamic Financing in Tehran Stock Exchange
Subject Areas : Islamic governance
Mohammad Reza Radfar
1
(
Department of Financial Management, South Tehran Branch, Islamic Azad University, Tehran, Iran
)
Mansoureh Aligholi
2
(
Department of Business Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran.
)
Keywords: Subjective Norms, Attitude, Islamic financing, Religion obligation,
Abstract :
Islamic finance includes all operations, services, as well as transactions that take place in the financial markets and are in accordance with the principles, rules and laws of Islam and the Holy Sharia. This study aimed to develop Determinants of Attitude and Intention towards Islamic Financing Adoption in Tehran Stock Exchange. The research was applied based on the purpose and descriptive-survey in terms of method of work. The statistical population of the present study includes investors active in the capital market and familiar with new Islamic financing instruments, especially managers and traders of stock exchange companies. For the mentioned unlimited community, a sample of 384 people was selected by available sampling method and a questionnaire was used to collect research data. After confirming the validity and reliability, the questionnaire was distributed and collected among the statistical population and the obtained data were tested. The results reveal that all determinants of attitude include Knowledge and Awareness, Religion obligation, Cost benefits, Business support & Reputation are significant and the relationship between Attitude, Subjective norms & Perceived Behavioral Control with Intention to adopt Islamic financing was confirmed.
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