Relationship between Awareness, Attitude and Sukuk Adoption among Public Sector in Nigeria

  • Yahuza Salisu Faculty of Economics Sciences and Management University of Bakht-Alruda,Sudan
  • Ahmed Ibrahim Mohammed Islamic Business School,University Utara Malaysia,06010 UUM Sintok,Kedah Darul Aman Malaysia
  • Anas Muhammad Yakub Centre for Islamic Studies Usman Danfodiyo University, Sokoto-Nigeria
Keywords: adoption, awareness and attitude

Abstract

The Objective of this paper is to examine the relationship between awareness, attitude and Sukuk adoption in Nigeria. As the issuance of Sukuk is globally increasing, since it is part of the mechanism for providing infrastructure. However, the magnitude of its awareness and customers attitude towards adoption in Nigeria is very squat. The primary data were collected from 170 questionnaires which were distributed using simple random sampling technique to individual employees in the public sector. Partial lease square (PLS) was used for the analysis and presentation of result. Statistical package for social science (SPSS) was used for descriptive statistics and data screening processes. The main findings of the study revealed that Awareness and attitude are correlated and they have a significant and positive relationship with Sukuk adoption in Nigeria. PLS method, algorithm and bootstrapping technique were used to test the study hypothesis. The result provided support for all hypothesised relationship among the variable for the study with the hope that both public and private sectors will utilize the results towards the development of infrastructure in Nigeria. 

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Published
2018-01-02
Section
Articles