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Millennials Behaviour towards Digital Waqf Innovation
Author(s) -
Dudun Anugerah Wadi,
Mohamad Soleh Nurzaman
Publication year - 2020
Publication title -
international journal of islamic economics and finance (ijief)
Language(s) - English
Resource type - Journals
eISSN - 2622-4372
pISSN - 2622-3562
DOI - 10.18196/ijief.3232
Subject(s) - waqf , marketing , business , respondent , expectancy theory , the internet , habit , digital marketing , psychographic , islam , economics , political science , management , computer science , psychology , geography , archaeology , world wide web , law , psychotherapist
High growth of internet and smartphone users has resulted in the emergence of various digital start-up companies. Those innovation has changed people’s habit, one of which is the online donation habit. However, waqf as a form of Islamic endowment has not been much in demand by the public. Today’s existing digital waqf platform has not succeeded in cultivating waqf in communities, specifically for Millennials which will dominate 70% Indonesia’s workforce in 2020-2030. This research aims to find Millennials determinants of waqf technology adoption using modified UTAUT2 model. To build respondent perception of waqf and innovation proposed, a short video was used since its rise as marketing tool. This research also examines video marketing effectiveness using EPIC model. Result from data analysis using PLS SEM model shows that Performance Expectancy, Effort Expectancy, and Social Influence are major determinants toward waqf technology acceptance. Video marketing is also found to be very effective as a marketing tool for digital waqf.

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