Indebtedness among young Muslims in Malaysia: review of the extant literature

• Main Authors: Md. Shariff, Anita, Ariffin, Muhammad Irwan, Mohammed, Mustafa Omar
• Format: Conference or Workshop Item
• Language: English; English; English
• Published: 2018
• Subjects: BPH Islamic Economics; BPH186.4 Bay' Al-Dayn - Debt Financing; BPH589.2 Riba - Interest; HB126.4 Islamic Economics; HB801 Consumption. Demand
• Online Access: http://irep.iium.edu.my/71457/1/HHDReligionMaterialIB.pdf; http://irep.iium.edu.my/71457/14/71457%20Indebtedness%20among%20Young%20Muslims%20in%20Malaysia.pdf; http://irep.iium.edu.my/71457/2/149%20Anita%20Md%20Shariff.pdf; http://irep.iium.edu.my/71457/

Evidences show rising trend of household debt especially among young Muslims in Malaysia. The literature has cited several reasons for this which covers macroeconomic, socioeconomic, cultural, psychological and demographic factors. Among all determinants, materialism and religiosity deficit seem to...