THE BEHAVIOURAL INTENTION OF INVESTORS TO USE ISLAMIC BANKING’S INVESTMENT ACCOUNT PLATFORM (IAP) AS A SOURCE OF INVESTMENT PORTFOLIO: A STRUCTURAL EQUATION MODELING APPROACH

  • Mohamed Asmy bin Mohd Thas Thaker Kulliyyah of Economics  and Management Sciences, International Islamic University Malaysia
  • Hassanudin bin Mohd Thas Thaker HELP University, Malaysia 
Keywords: Investment Account Platform, Financing, Investment

Abstract

As an alternative source of financing, Investment Account Platform (IAP) becomes a new phenomenon of raising financing for SMEs from a large pool of investors via the internet, and investment diversification portfolio tools among investors in Malaysia. The purpose of this study is to identify critical factors that influence behavioral intention of investors to invest in IAP’s projects in Malaysia. The primary data (n=1000 respondents) are collected from the investors in the Klang Valley, Malaysia and the analysis is conducted using Structural Equation Modeling (SEM). Furthermore, the model has validated its acceptance in the field by adopting the Technology Acceptance Model (TAM). This study has revealed that both the perceived usefulness and perceived easy to use are found to have a positive impact on the behavioral intention of investors to use IAP in Malaysia. Furthermore, perceived easy to use has a positive relationship and direct effect with perceived usefulness of investors to use IAP.

 

Author Biographies

Mohamed Asmy bin Mohd Thas Thaker, Kulliyyah of Economics  and Management Sciences, International Islamic University Malaysia

Assistant Professor, Department of Economics, Kulliyyah of Economics  and Management Sciences,

International Islamic University Malaysia

Scopus ID: 57191286702

Hassanudin bin Mohd Thas Thaker, HELP University, Malaysia 

Department of Accounting and Finance, Faculty of Business, Accounting and Economics,

ELM Business School, HELP University, Malaysia 

Scopus ID: 57193616905

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Published
2017-08-31
How to Cite
Mohd Thas Thaker, M. A., & Mohd Thas Thaker, H. (2017). THE BEHAVIOURAL INTENTION OF INVESTORS TO USE ISLAMIC BANKING’S INVESTMENT ACCOUNT PLATFORM (IAP) AS A SOURCE OF INVESTMENT PORTFOLIO: A STRUCTURAL EQUATION MODELING APPROACH. Journal of Islamic Monetary Economics and Finance, 3(1), 113 - 138. https://doi.org/10.21098/jimf.v3i1.712
Section
Articles