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Type :article
Subject :HG Finance
ISSN :0127-2713
Main Author :Abdul Razak Azila, Muhammad Fidlizan, Mohd Hussin Mohd Yahya, Zainol Zuraidah, Abd. Hadi Fatimah Salwa,
Title :The role of ar-rahn in enhancing financial inclusion: a structural equation modeling approach
Year of Publication :2017

Full Text :
This study examines the relationship between financial inclusion and the adoption of ar-rahn financing in enhancing the well-being of its customers throughout Malaysia. Data distributed via questionnaire to 239 respondents were analyzed using descriptive and structural equation modeling. The results indicate that there is a positive relationship between financial inclusion and ar-rahn’s financing adoption. In addition, the adoption of ar-rahn among customers improves the well-being of individuals and society. This paper contributes to the existing literatures and provide new insights on how financial inclusion could increase the adoption of ar-rahn financing and consequently the individual and societal well-being.

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