Exploring a new concept of embedding gold dinar as mechanism for hajj traveling

Mohd Nazri Muhayiddin, and Mohd Fadil Mohd Yusof, and Mazne Ibrahim, (2013) Exploring a new concept of embedding gold dinar as mechanism for hajj traveling. In: The 5th Islamic Economic System Conference (iECONS) 2013, 04 - 05 Sept 2013, Berjaya Times Square Hotel, Kuala Lumpur. (Unpublished)

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Abstract

Oftentimes consumers are complaining if they have (own) gold dinar, how they can use it to buy things or services. This study is intended to address this issue by introducing a new concept of embedding gold dinar as mechanism for Hajj travelling. It is foreseen that those who keep their money in a form of gold would be able to travel faster (i.e. earlier) than those who keep it in the form of paper money. Therefore, this research is intended to explore whether consumers would be willing to adopt the new concept of using gold dinar as mechanism for travelling. The research framework will be based on Innovation Diffusion Theory (IDT) with two new variables added, namely anxiety, and attitude toward using. It will measure the user acceptance from this theoretical framework i.e. intention to use, relative advantage, compatibility, complexity, trialability, observability, anxiety, and attitude toward using. Questionnaire surveys and interviews will be used for data collection. Structural equation modelling (SEM) will be used to analyse the data. The results will be useful for Hajj travellers, frequent (air) travellers, Tabung Haji, travel agents, local banks, and the public who may be travelling in the future.

Item Type: Conference or Workshop Item (Paper)
Keywords: Inflation - Gold dinar - Hajj (pilgrimage) - Innovation Diffusion Theory
Faculty: Faculty of Entrepreneurship and Business
Deposited By: En. Pahmi Abdullah
Date Deposited: 31 Oct 2013 03:39
Last Modified: 31 Oct 2013 03:39
URI: http://umkeprints.umk.edu.my/id/eprint/2333

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