The perception of Malaysian Muslims concerning Islamic housing finance (Ph.D. Dissertation)

Islamic housing finance as an alternative to conventional interest based home financing has successfully taken up in Malaysia in recent years. The thesis examines th success of Islamic housing finance in Malaysia using questionnaire survey, and semi-structured interview for primary data. Data were analysed through interpretative and textual analysis along with statistical analysis including factor analysis._x000D_ The findings conclude that Muslims who use Islamic housing finance are influenced by their faith and because the product helps them to manage their cash flow better, while others find that the product lacks variety and the monthly repayment expensive. The findings also reveal that in order to increase its market share, Islamic housing finance needs to be good value for money. Dissemination of information and educating members of the public on Islamic housing finance is crucial for increasing demand.