Determinants of behavioural intention towards green investments: The perspectives of muslims

Green investment in Malaysia is still in its infancy stage, due to lack of exposure of the green concept among the general population. It is a type of investment that considers the environmental aspects within the context of rigorous financial analysis. Accordingly, this study attempts to identify f...

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Main Authors: Osman, Ismah, Main, Masturah, Muda, Ruhaini, Husni, Nur Syahirah Amin, Syed Alwi, Sharifah Faigah, Hassan, Faridah
Format: Article
Language:English
Published: UUM Press 2019
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/28979/1/IJIB%2004%2001%202019%2016-38.pdf
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author Osman, Ismah
Main, Masturah
Muda, Ruhaini
Husni, Nur Syahirah Amin
Syed Alwi, Sharifah Faigah
Hassan, Faridah
author_facet Osman, Ismah
Main, Masturah
Muda, Ruhaini
Husni, Nur Syahirah Amin
Syed Alwi, Sharifah Faigah
Hassan, Faridah
author_sort Osman, Ismah
collection UUM
description Green investment in Malaysia is still in its infancy stage, due to lack of exposure of the green concept among the general population. It is a type of investment that considers the environmental aspects within the context of rigorous financial analysis. Accordingly, this study attempts to identify factors influencing Muslims intention to adopt green investment. The theory of planned behaviour (TPB) framework was adopted which include attitude, subjective norms, perceived behavioural control, knowledge, reputation and religious values. The data for the study were collected through self-administered questionnaires using a six-point Likert Scale among 270 respondents in the Klang Valley area. This study discovered that the five variables comprising attitude, perceived behavioural control, knowledge, reputation and religious values significantly influenced Muslims intention to participate in green investment, with religious values as the most significant contributor. Correspondingly, some implications have been identified and future research directions are also indicated for promoting green investment.
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spelling uum-289792022-11-21T07:42:21Z https://repo.uum.edu.my/id/eprint/28979/ Determinants of behavioural intention towards green investments: The perspectives of muslims Osman, Ismah Main, Masturah Muda, Ruhaini Husni, Nur Syahirah Amin Syed Alwi, Sharifah Faigah Hassan, Faridah HG Finance Green investment in Malaysia is still in its infancy stage, due to lack of exposure of the green concept among the general population. It is a type of investment that considers the environmental aspects within the context of rigorous financial analysis. Accordingly, this study attempts to identify factors influencing Muslims intention to adopt green investment. The theory of planned behaviour (TPB) framework was adopted which include attitude, subjective norms, perceived behavioural control, knowledge, reputation and religious values. The data for the study were collected through self-administered questionnaires using a six-point Likert Scale among 270 respondents in the Klang Valley area. This study discovered that the five variables comprising attitude, perceived behavioural control, knowledge, reputation and religious values significantly influenced Muslims intention to participate in green investment, with religious values as the most significant contributor. Correspondingly, some implications have been identified and future research directions are also indicated for promoting green investment. UUM Press 2019 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/28979/1/IJIB%2004%2001%202019%2016-38.pdf Osman, Ismah and Main, Masturah and Muda, Ruhaini and Husni, Nur Syahirah Amin and Syed Alwi, Sharifah Faigah and Hassan, Faridah (2019) Determinants of behavioural intention towards green investments: The perspectives of muslims. International Journal of Islamic Business (IJIB), 4 (1). pp. 16-38. ISSN 0127- 662X
spellingShingle HG Finance
Osman, Ismah
Main, Masturah
Muda, Ruhaini
Husni, Nur Syahirah Amin
Syed Alwi, Sharifah Faigah
Hassan, Faridah
Determinants of behavioural intention towards green investments: The perspectives of muslims
title Determinants of behavioural intention towards green investments: The perspectives of muslims
title_full Determinants of behavioural intention towards green investments: The perspectives of muslims
title_fullStr Determinants of behavioural intention towards green investments: The perspectives of muslims
title_full_unstemmed Determinants of behavioural intention towards green investments: The perspectives of muslims
title_short Determinants of behavioural intention towards green investments: The perspectives of muslims
title_sort determinants of behavioural intention towards green investments the perspectives of muslims
topic HG Finance
url https://repo.uum.edu.my/id/eprint/28979/1/IJIB%2004%2001%202019%2016-38.pdf
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