Motivations Aspect for the Adoption of Islamic Financing Among Halal Entrepreneurs in Malaysia

Abstract

Halal and Islamic finance are in accordance with Islamic law and have been established in the context of halal economic development. Considering the growth of Halal industries since 1974, the adoption of Islamic financing among Halal entrepreneurs is weak. There is no integration between the Halal and Islamic finance industries that has led to the low acceptance of Islamic financing among the Halal industry players. Accordingly, the objective of this study was to investigate factors related to the adoption of Islamic financings by Halal Entrepreneur. More study on the adoption of Islamic financings is therefore needed to penetrate the adoption of Islamic financing among Halal entrepreneurs, as well as to boost the Halal economy.