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Factors Influencing the Intention of People to Use Islamic Banking: An Evidence from Lahore, Pakistan

Author

Listed:
  • Nouman Khurram

    (COMSATS Institute of Information Technology Lahore, Pakistan)

  • Umair Saeed

    (COMSATS Institute of Information Technology Lahore, Pakistan)

Abstract

Purpose: The purpose of this paper is to find the factors which influence the intention of Muslims of Lahore to use Islamic banking. Methodology: Therefore data was collected through distributing questionnaires. In total 220 questionnaires were distributed and 154 were collected and analysis was performed on 150 questionnaires because 4 of them were not fully filled (Return rate was around 69%). Analysis was performed by using hierarchical regression technique. Findings: Both attitude and social influence were proven significant in the initial stages of the technique but attitude proved insignificant in the later stages. Knowledge also proved significant in influencing the intention of the people. In the final stage the effect of price as a moderator is also observed. Recommendations: Policy recommendations are made on the basis of empirical results.

Suggested Citation

  • Nouman Khurram & Umair Saeed, 2015. "Factors Influencing the Intention of People to Use Islamic Banking: An Evidence from Lahore, Pakistan," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(8), pages 411-418, August.
    • Handle: RePEc:ijr:journl:v:3:y:2015:i:8:p:411-418
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    References listed on IDEAS

    as
    1. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    2. Teo, T. S. H. & Pok, Siau Heong, 2003. "Adoption of WAP-enabled mobile phones among Internet users," Omega, Elsevier, vol. 31(6), pages 483-498, December.
    3. Olson, Dennis & Zoubi, Taisier A., 2008. "Using accounting ratios to distinguish between Islamic and conventional banks in the GCC region," The International Journal of Accounting, Elsevier, vol. 43(1), pages 45-65, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Islamic Banking; Attitude; Knowledge; Social Influence; Pricing; Intention;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

    Statistics

    Access and download statistics

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