期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2022
卷号：12
期号：5
页码：1206-1223
DOI：10.6007/IJARBSS/v12-i5/12988
语种：English
出版社：Human Resource Management Academic Research Society
摘要：The advancement of technology served as a wake-up call to the world about the importance of technology adoption. Technology is gradually becoming the new norms that must be followed by everyone. Ar-rahnu is embracing digitalization as well. Ar-rahnu is an Islamic social financing instrument that can be used to fund the initiatives given by governments. Therefore, the intention of this study is to investigate the role of technology in the relationship between ar-rahnu acceptance and financial performance. 455 questionnaires were distributed comprising 332 operated by individual co-operatives (non-franchisees), 52 operated as Permodalan Kelantan Berhad (PKB) franchisees, and 72 operated as Rakyat Management Systems (RMS) franchisees. However, 308 completed copies of the questionnaires were returned and used for analyse. The data then analyse using IBM SPSS and partial least squares-structural equation modelling (PLS-SEM) SmartPLS 3.2. This study found that, shari’ah compliance, locality, margin value and safekeeping fees has positive relationship towards financial performance. In fact, technology also moderate the relationship between acceptance and financial performance which indicate that the use of technology can improve the profitability of ar-rahnu operations. Therefore, it is imperative that every ar-rahnu co-operative continues to emphasise its acceptance factors, especially shariah-compliance as it is a pre-requisite for the sustainability of its business.
