societal well-being – Jurnal Pengurusan /jurnalpengurusan Sat, 08 Oct 2022 07:12:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 The Role of Ar-Rahn in Enhancing Financial Inclusion: A Structural Equation Modeling Approach /jurnalpengurusan/article/the-role-of-ar-rahn-in-enhancing-financial-inclusion-a-structural-equation-modeling-approach/?utm_source=rss&utm_medium=rss&utm_campaign=the-role-of-ar-rahn-in-enhancing-financial-inclusion-a-structural-equation-modeling-approach Sat, 08 Oct 2022 07:12:36 +0000 /jurnalpengurusan/?post_type=article&p=2076 This study examines the relationship between financial inclusion and the adoption of ar-rahn financing in enhancing the well-being of its customers throughout Malaysia. Data distributed via questionnaire to 239 respondents were analyzed using descriptive and structural equation modeling. The results indicate that there is a positive relationship between financial inclusion and ar-rahn’s financing adoption. In addition, the adoption of ar-rahn among customers improves the well-being of individuals and society. This paper contributes to the existing literatures and provide new insights on how financial inclusion could increase the adoption of ar-rahn financing and consequently the individual and societal well-being.

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