Open AccessCustomer’s Intention with Moderating Role of Pricing on Islamic Personal Financing of Pakistan
Author(s) -
Sadia Saeed,
Hina Shahab,
Shehla Akhtar
Publication year - 2021
Publication title -
journal of business and tourism
Language(s) - English
Resource type - Journals
eISSN - 2521-0548
pISSN - 2520-0739
DOI - 10.34260/jbt.v5i1.133
Subject(s) - islam , religiosity , context (archaeology) , business , marketing , islamic banking , islamic finance , theory of reasoned action , investment (military) , sample (material) , clearing , finance , psychology , social psychology , paleontology , philosophy , chemistry , theology , chromatography , politics , political science , law , biology
Financial industries are rapidly accepting the Islamic banking system. Using theory of reasoned action (TRA) model the study investigates the three factors including attitude, religiosity and subjective norms in measuring the intention of customers to adopt Islamic banking products along with moderating role of pricing. The sample of 220 banks consumers from two cities of Rawalpindi and Islamabad are gathered using convenient sampling. Regression results suggest that all three factors influence the intention of customers in buying Islamic banking products. Moreover, pricing moderates the relationship in developing intention of customer to adopt Islamic personal financing in the context of religiosity.The finding of the study identifies that Islamic bankers should adopt pricing policy based upon fair practices of Shariah. In addition awareness to people about Islamic products through marketing is essential in clearing their misconceptions towards investment in Islamic products.