Examining the Intentions to Use Crowdfunding Platform - An Extended Technology Acceptance Model

International Journal of Services, Economics and Management, 2021

15 Pages Posted: 31 Mar 2021

See all articles by Hasnan Baber

Hasnan Baber

Woosong University; Abu Dhabi School of Management

Date Written: March 1, 2021

Abstract

Crowdfunding has emerged as an alternative financing tool in recent years. The growth of crowdfunding platforms is a clear elucidation of its acceptance by the people involved in seeking and contributing funds. For Malaysian customers who mostly prefer Islamic financing and banking, crowdfunding acceptance will be a topic worth examining. The study has extended the technology acceptance model (TAM) to examine the intention of Islamic banking customers to use crowdfunding in the near future. The study has found that abiding by the Shariah regulations is a must for any crowdfunding platform planning to target this segment of the market. Perceived ease of use influences the usefulness of crowdfunding and later shapes the attitude towards crowdfunding. A positive attitude towards crowdfunding will lead to the intention to use crowdfunding in the existence of compliance with Shariah regulations.

Keywords: Crowdfunding, FinTech, Intentions, TAM, Shariah, Technology Acceptance Model, Malaysia

Suggested Citation

Baber, Hasnan, Examining the Intentions to Use Crowdfunding Platform - An Extended Technology Acceptance Model (March 1, 2021). International Journal of Services, Economics and Management, 2021, Available at SSRN: https://ssrn.com/abstract=3755108

Hasnan Baber (Contact Author)

Woosong University ( email )

27 Baengnyong-ro 57beon-gil
Jayang-dong, Daejeon
Korea, Republic of (South Korea)

Abu Dhabi School of Management ( email )

Abu Dhabi
United Arab Emirates

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