A Correlation Analysis of Knowledge, Experience, Religious Belief, and Behavior of Malaysian EPF Investors Towards Investing in Islamic and Conventional Unit Trusts
The objective of the study is to examine the relationship between knowledge, religiosity and experience, and the behavior of employee provident fund (EPF) investors investing in Islamic and conventional unit trusts. The variables are extracted from the literature to achieve the objective. Additional...
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| Format: | Article |
| Language: | English |
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İLKE İlim Kültür Eğitim Vakfı
2024-02-01
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| Series: | Türkiye İslam İktisadı Dergisi |
| Subjects: | |
| Online Access: | https://tujise.org/content/6-issues/22-11-1/a3977/tujise_11-1-5.-hasnat-et-al.pdf |
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| author | Md Abu Hasnat Mohammed Monzurul Islam Ziauddin Rahimi Hüseyin Dağlı |
| author_facet | Md Abu Hasnat Mohammed Monzurul Islam Ziauddin Rahimi Hüseyin Dağlı |
| author_sort | Md Abu Hasnat |
| collection | DOAJ |
| description | The objective of the study is to examine the relationship between knowledge, religiosity and experience, and the behavior of employee provident fund (EPF) investors investing in Islamic and conventional unit trusts. The variables are extracted from the literature to achieve the objective. Additionally, 125 valid responses were composed through surveys of Malaysian government and private employees. The Statistical Package for Social Sciences has been applied to analyze the collected data, using correlation analysis techniques. This research found that knowledge about Islamic unit trusts and religious beliefs have a positive significant relationship with the EPF investors’ behavior of investing in Islamic unit trusts. Moreover, the experience of investing in Islamic and conventional unit trusts is also positively and significantly associated with the EPF investors’ behavior of investing in Islamic and conventional unit trusts, respectively. As research in this area is insufficient, this study will play a vital role for the unit trust industry in exploiting the financial strategies that are highly and positively observed by Malaysian EPF investors. |
| format | Article |
| id | doaj-art-5bcccc2544034a259225a3821dd3ec3d |
| institution | Kabale University |
| issn | 2148-3809 |
| language | English |
| publishDate | 2024-02-01 |
| publisher | İLKE İlim Kültür Eğitim Vakfı |
| record_format | Article |
| series | Türkiye İslam İktisadı Dergisi |
| spelling | doaj-art-5bcccc2544034a259225a3821dd3ec3d2025-02-03T11:32:15ZengİLKE İlim Kültür Eğitim VakfıTürkiye İslam İktisadı Dergisi2148-38092024-02-011117910010.26414/A3977A Correlation Analysis of Knowledge, Experience, Religious Belief, and Behavior of Malaysian EPF Investors Towards Investing in Islamic and Conventional Unit TrustsMd Abu Hasnat0https://orcid.org/0000-0002-4721-5303Mohammed Monzurul Islam1https://orcid.org/0009-0006-5255-5982Ziauddin Rahimi2https://orcid.org/0000-0002-2739-6776Hüseyin Dağlı3https://orcid.org/0000-0002-2416-9340Karadeniz Technical UniversityUniversity of DhakaParwan UniversityKaradeniz Technical UniversityThe objective of the study is to examine the relationship between knowledge, religiosity and experience, and the behavior of employee provident fund (EPF) investors investing in Islamic and conventional unit trusts. The variables are extracted from the literature to achieve the objective. Additionally, 125 valid responses were composed through surveys of Malaysian government and private employees. The Statistical Package for Social Sciences has been applied to analyze the collected data, using correlation analysis techniques. This research found that knowledge about Islamic unit trusts and religious beliefs have a positive significant relationship with the EPF investors’ behavior of investing in Islamic unit trusts. Moreover, the experience of investing in Islamic and conventional unit trusts is also positively and significantly associated with the EPF investors’ behavior of investing in Islamic and conventional unit trusts, respectively. As research in this area is insufficient, this study will play a vital role for the unit trust industry in exploiting the financial strategies that are highly and positively observed by Malaysian EPF investors.https://tujise.org/content/6-issues/22-11-1/a3977/tujise_11-1-5.-hasnat-et-al.pdfislamic unit trustconventional unit trustknowledgereligiosityexperienceinvestors’ behaviormalaysia |
| spellingShingle | Md Abu Hasnat Mohammed Monzurul Islam Ziauddin Rahimi Hüseyin Dağlı A Correlation Analysis of Knowledge, Experience, Religious Belief, and Behavior of Malaysian EPF Investors Towards Investing in Islamic and Conventional Unit Trusts Türkiye İslam İktisadı Dergisi islamic unit trust conventional unit trust knowledge religiosity experience investors’ behavior malaysia |
| title | A Correlation Analysis of Knowledge, Experience, Religious Belief, and Behavior of Malaysian EPF Investors Towards Investing in Islamic and Conventional Unit Trusts |
| title_full | A Correlation Analysis of Knowledge, Experience, Religious Belief, and Behavior of Malaysian EPF Investors Towards Investing in Islamic and Conventional Unit Trusts |
| title_fullStr | A Correlation Analysis of Knowledge, Experience, Religious Belief, and Behavior of Malaysian EPF Investors Towards Investing in Islamic and Conventional Unit Trusts |
| title_full_unstemmed | A Correlation Analysis of Knowledge, Experience, Religious Belief, and Behavior of Malaysian EPF Investors Towards Investing in Islamic and Conventional Unit Trusts |
| title_short | A Correlation Analysis of Knowledge, Experience, Religious Belief, and Behavior of Malaysian EPF Investors Towards Investing in Islamic and Conventional Unit Trusts |
| title_sort | correlation analysis of knowledge experience religious belief and behavior of malaysian epf investors towards investing in islamic and conventional unit trusts |
| topic | islamic unit trust conventional unit trust knowledge religiosity experience investors’ behavior malaysia |
| url | https://tujise.org/content/6-issues/22-11-1/a3977/tujise_11-1-5.-hasnat-et-al.pdf |
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