Exploring Factors that Contribute to Individual Indebtedness among Young Muslims

Zairani Zainol; Zulkiflee Daud; Aini Nur Hajjar Khairol Nizam; Rosemaliza Abd Rashid; Nursiha Alias

EN

Exploring Factors that Contribute to Individual Indebtedness among Young Muslims

Abstract

This research was aimed at exploring the factors that contribute to individual indebtedness among young Muslims. A total of 350 questionnaires were distributed to the target group within the age range of 25 and 45 years old who are facing debt problems and undergoing financial counselling from AKPK in the Northern region of Malaysia, which encompasses the states of Perak, Pulau Pinang and Kedah/Perlis. Of the 350 questionnaires distributed, 149 were usable as the level of debt of the respondents was 40% and above of the total monthly income. The results revealed that the factors contribute to individual indebtedness are personality extraversion, personality neuroticism, lifestyle impulsive buying, purchasing for lifestyle, parental guidance, religious practice and religious principal.

Keywords

Individual Indebtedness, Young Muslims, Factors

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Zairani Zainol This is me

Zulkiflee Daud This is me

Aini Nur Hajjar Khairol Nizam This is me

Rosemaliza Abd Rashid This is me

Nursiha Alias This is me

Publication Date

October 1, 2016

Submission Date

October 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 7

IZ

https://izlik.org/JA35RK25HH

Cite

RIS / Bibtex

APA

Zainol, Z., Daud, Z., Nizam, A. N. H. K., Rashid, R. A., & Alias, N. (2016). Exploring Factors that Contribute to Individual Indebtedness among Young Muslims. International Journal of Economics and Financial Issues, 6(7), 320-328. https://izlik.org/JA35RK25HH

AMA

1.Zainol Z, Daud Z, Nizam ANHK, Rashid RA, Alias N. Exploring Factors that Contribute to Individual Indebtedness among Young Muslims. IJEFI. 2016;6(7):320-328. https://izlik.org/JA35RK25HH

Chicago

Zainol, Zairani, Zulkiflee Daud, Aini Nur Hajjar Khairol Nizam, Rosemaliza Abd Rashid, and Nursiha Alias. 2016. “Exploring Factors That Contribute to Individual Indebtedness Among Young Muslims”. International Journal of Economics and Financial Issues 6 (7): 320-28. https://izlik.org/JA35RK25HH.

EndNote

Zainol Z, Daud Z, Nizam ANHK, Rashid RA, Alias N (October 1, 2016) Exploring Factors that Contribute to Individual Indebtedness among Young Muslims. International Journal of Economics and Financial Issues 6 7 320–328.

IEEE

[1]Z. Zainol, Z. Daud, A. N. H. K. Nizam, R. A. Rashid, and N. Alias, “Exploring Factors that Contribute to Individual Indebtedness among Young Muslims”, IJEFI, vol. 6, no. 7, pp. 320–328, Oct. 2016, [Online]. Available: https://izlik.org/JA35RK25HH

ISNAD

Zainol, Zairani - Daud, Zulkiflee - Nizam, Aini Nur Hajjar Khairol - Rashid, Rosemaliza Abd - Alias, Nursiha. “Exploring Factors That Contribute to Individual Indebtedness Among Young Muslims”. International Journal of Economics and Financial Issues 6/7 (October 1, 2016): 320-328. https://izlik.org/JA35RK25HH.

JAMA

1.Zainol Z, Daud Z, Nizam ANHK, Rashid RA, Alias N. Exploring Factors that Contribute to Individual Indebtedness among Young Muslims. IJEFI. 2016;6:320–328.

MLA

Zainol, Zairani, et al. “Exploring Factors That Contribute to Individual Indebtedness Among Young Muslims”. International Journal of Economics and Financial Issues, vol. 6, no. 7, Oct. 2016, pp. 320-8, https://izlik.org/JA35RK25HH.

Vancouver

1.Zairani Zainol, Zulkiflee Daud, Aini Nur Hajjar Khairol Nizam, Rosemaliza Abd Rashid, Nursiha Alias. Exploring Factors that Contribute to Individual Indebtedness among Young Muslims. IJEFI [Internet]. 2016 Oct. 1;6(7):320-8. Available from: https://izlik.org/JA35RK25HH