Sustainable Finance and Fintech: SMEs’ Behavioural Intention towards Islamic Crowdfunding

Abstract

A wide array of financial options is accessible to SMEs, including Islamic crowdfunding, besides solely depending on bank loans. This study aims to investigate the factors behind SMEs' intention to use Islamic crowdfunding using the extended UTAUT model. Empirical data from 525 participants consisting of Bumiputera SMEs from various sectors and employed SPSS for analysis. The results indicate that there is a positive effect of PE, SI, FC and TB, and no significant effect between EE and BI. The finding generates insights into the realized fundraising benefit factor among the Bumiputera SMEs as an extension to the UTAUT model.