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

Authors(4) :-Sani Yahaya, Ibrahim Abdul Hamid, Ahmad Fauzi Bin Idris, Yusuf Haji-Othman

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

Authors and Affiliations

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

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

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Publication Details

Published in : Volume 2 | Issue 3 | May-June 2016
Date of Publication : 2017-12-31
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 264-273
Manuscript Number : IJSRST162378
Publisher : Technoscience Academy

Print ISSN : 2395-6011, Online ISSN : 2395-602X

Cite This Article :

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), Print ISSN : 2395-6011, Online ISSN : 2395-602X, Volume 2, Issue 3, pp.264-273, May-June-2016.
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