Adoption of Islamic Banking Products and Services in Nigeria : An Application of Diffusion of Innovation Theory

Authors

  • Sani Yahaya  Department of Banking and Finance, Abdu Gusau Polytechnic, Talata Mafara, Zamfara-Nigeria
  • Ibrahim Abdul Hamid  Kulliyyah of Muamalat Kolej Universiti Insaniah (KUIN) Kuala Ketil, Kedah, Malaysia
  • Ahmad Fauzi Bin Idris  Kulliyyah of Muamalat Kolej Universiti Insaniah (KUIN) Kuala Ketil, Kedah, Malaysia
  • Yusuf Haji-Othman  Kulliyyah of Muamalat Kolej Universiti Insaniah (KUIN) Kuala Ketil, Kedah, Malaysia

Keywords:

Adoption, Islamic banking, Customers, Diffusion of Innovation theory, Pilot study

Abstract

This study presents a pilot result of the research study that employed the used of diffusion of innovation theory to unveil the influence of the perceived attribute of innovation that comprised relative advantage, compatibility, complexity and perceived risk alongside with awareness and customers involvement on the adoption of Islamic banking in Nigeria. The sample of 100 questionnaires was administered to the customers of Jaiz Bank Plc., and 94 out of them were retrieved and used for the analysis. The result indicates a good internal consistency reliability of the measurement. Convergent and discriminant validity were also established. Overall, the result provided an indication of reliability and validity of the measure which provided a clear guide for the full-fledge study

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International Journal of Scientific Research in Science and Technology

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Published

2017-12-31

Issue

Volume 2, Issue 3, May-June-2016

Section

Research Articles

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How to Cite

[1]
Sani Yahaya, Ibrahim Abdul Hamid, Ahmad Fauzi Bin Idris, Yusuf Haji-Othman, " Adoption of Islamic Banking Products and Services in Nigeria : An Application of Diffusion of Innovation Theory, International Journal of Scientific Research in Science and Technology(IJSRST), Online ISSN : 2395-602X, Print ISSN : 2395-6011, Volume 2, Issue 3, pp.264-273, May-June-2016.