Do mosques use Islamic bank services? Evidence from Indonesia

Autor: Fairuz, Khansa, Nugraha, Adam Adhe, Yudantyo, Farhan Medio, Sambodo, Novat Pugo, Choiriyah, Evi Aninatin Ni'matul, Pertiwi, Umminita Wahyu, Sekaringsih, Riswanti Budi
Zdroj: International Journal of Monetary Economics and Finance; 2022, Vol. 15 Issue: 3 p232-252, 21p
Abstrakt: Previous research has proven that the use of formal financial services can support the performance of mosque financial management. Nevertheless, there is no study explaining the factors that influence Islamic financial inclusion in Indonesian mosques to date. Using data from The Indonesian Mosque Survey 2020, this study examined the determinants of mosques bank account ownership in Indonesian mosques. Our research revealed that only a few mosques have adapted financial services. We then investigated what factors influenced Islamic bank account ownership in Indonesian mosques by using ordinary least square (OLS) and probit methods. We found that the married and higher educated mosque leaders positively correlated to Islamic bank account ownership. At the mosque level, the mosques were located in Java and owned a general planning document, a large amount of donation, large building size and high number of congregants had a higher probability of having an Islamic bank account.
Databáze: Supplemental Index