How perceived risk, benefit and trust determine user Fintech adoption: a new dimension for Islamic finance
ISSN: 1463-6689
Article publication date: 4 March 2021
Issue publication date: 13 July 2021
Abstract
Purpose
This study’s objectives are twofold; first, this paper aims to explore the determinants of perceived benefit and perceived risk of Islamic Fintech. Second, this study examines the influence of perceived benefit, perceived risk and user trust on the intention to adopt Islamic Fintech.
Design/methodology/approach
The sample of 350 was distributed among the respondents, while a usable sample of 321 was retained for the analysis. The study performed a self-administration survey to collect the sample data while the hypothesized model was tested using SmartPLS.
Findings
The results revealed that perceived benefit and perceived risk were significant and positively influenced by their factors. Moreover, perceived benefits showed a positive and significant impact on trust. However, perceived risk had a negative and significant impact on trust. The results also found a strong positive and significant relationship between trust and intention to adopt Islamic Fintech.
Originality/value
The outcome of this research may be used to develop strategies for Fintech and enables the financial sector to attain economies of scale in the world.
Keywords
Citation
Ali, M., Raza, S.A., Khamis, B., Puah, C.H. and Amin, H. (2021), "How perceived risk, benefit and trust determine user Fintech adoption: a new dimension for Islamic finance", Foresight, Vol. 23 No. 4, pp. 403-420. https://doi.org/10.1108/FS-09-2020-0095
Publisher
:Emerald Publishing Limited
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