The interaction effect of religious’ obligations between the relationship of CARTER model and the intention to subscribe the Islamic Banking in Libya

• Main Authors: Mohamed Omar, Khairi, Abdul Ghani, Abdullah
• Format: Article
• Language: English
• Published: Medwell Journals 2016
• Subjects: HG Finance
• Online Access: http://repo.uum.edu.my/18354/1/IBM%2010%206%202016%20759-777.pdf; http://repo.uum.edu.my/18354/; http://www.medwelljournals.com/abstract/?doi=ibm.2016.759.777

This study investigates the interaction effect of religious obligation between the relationship of CARTER Model and the intention to subscribe the Islamic banking system in the Libyan banking sector.The study looks into the potential causes behind of why Libya as a pure Muslim nation has not yet implemented full-fledged of Shariah compliant financial system (Islamic banking)? The study reported results of surveys taken by the Libyan people. Using the primary data collection method, 384 questionnaires distributed to target respondents comprising of Libyan banking subscribers from several cities in three major states.The 226 returned and completed questionnaires representing 58.9% response rate used in the analysis.The data were analyzed using Structural Equation Modeling (SEM) AMOS Version 21.0. The study proposes one direct causal effects and one investigation effect.The findings indicate that the religious obligation is a valid moderating construct in the prediction of the behavioral intention to subscribe Islamic banking in the Libyan banking sector.