Unified Theory of Acceptance and Use of Technology (UTAUT) Implementation of Islamic Financing with Maqasid Values Theories

Islamic financing has been an important instrument for the social and economic developments for societies in response to the protection of five fundamental elements of necessities known as the Maqasid concept which provides a conceptual paradigm in this study for UTAUT implementation of Islamic financing in light of the extension of Maqasid values. The study establishes a connection between the valuable Islamic features of the Maqasid values (MV) construct and the UTAUT model, which develops from the literature review, that is extensively employed in IT adoption to determine the intention of use. While USE, EXP, and VOL variables were omitted, the model maintains moderating factors GEN and AGE and suggests a direct relationship between MV and Behavioural Intention (BI) variables. The paper look forward to contribute to the expansion of UTAUT theoretical knowledge that extend the current limited studies of Islamic financing adoption. The study also contributes on future work extension in applications of the Islamic instruments model adoption to academicians, financial technology firms and regulators. In keeping with the technological momentum, the suggested conceptual model is presented as the underlying approach for future empirical study validation.