Islamic Values, Donation Behaviour and Muslim Financial Behaviour among Malaysians and Indonesians

Zaimy Johana Johan; Clarashinta Canggih

doi:10.21834/e-bpj.v9i27.5672

Authors

Zaimy Johana Johan Malaysia Institute of Transport (MITRANS), UiTM Shah Alam, Malaysia; Department of Technology and Supply Chain Management Studies, Faculty of Business and Management, UiTM Puncak Alam, Selangor, Malaysia.
Clarashinta Canggih Islamic Economics Study Program, Centre for Education in Islamic Finance, Universitas Negeri Surabaya, Indonesia

DOI:

https://doi.org/10.21834/e-bpj.v9i27.5672

Keywords:

Islamic Values, Muslim Financial Behaviour, Shariah, Islamic Banking and Finance

Abstract

This paper explores the impact of Islamic values on Muslim donation and financial behaviours in Indonesia and Malaysia. This associative quantitative research applies structural equation modeling (SEM), the SmartPLS approach. 427 data were collected using a closed questionnaire distributed to respondents who met the research criteria from Malaysia and Indonesia. The result postulates slight differences in the donation and financial behaviours between the two countries. Since the research is purely quantitative and only focused on individual donation and financial behaviours, researchers propose a qualitative study to further explore other determinants of Muslim donation and financial behaviours.

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