Ar-Rahnu provide source of finance for Muslim small-scale entrepreneurs in Malaysia especially in Kelantan. However, Ar-Rahnu service received a lukewarm response because in the procedure, customers are required to prepare collateral in the form of gold in their dealing. The question is, do the small-scale entrepreneurs realize about the existence of Ar-Rahnu? How is their acceptance towards the micro-credit financing? Is there any difference in the acceptance according to the demography? This article seeks to analysed the level of acceptance and the difference in the demography of the small-scale Muslim entrepreneurs in Kelantan towards Ar-Rahnu. A total of 350 respondents were chosen through the purposive sampling comprising of small-scale Muslim entrepreneurs in Kelantan. The finding outcome is analysed descriptively to know the percentage value and mean value using the software “Statistical Package for Social Sciences” (SPSS) version 22.0. The finding also shows a positive level of acceptance of small-scale Muslim entrepreneurs in Kelantan towards Ar-Rahnu. The small-scale entrepreneurs’ level of acceptance towards elements under the factor of Religious Obedience and the Intrinsic factor is mode dominant compared to elements in the Extrinsic factor. The demographic difference between the gender of the respondents shows that there is a significant difference in the acceptance compared to other demographic factors. Thus, this article can give important implication to Ar-Rahnu institutions to consider about the importance of religious obedience and intrinsic factors that directly related to religious. Besides, the important of female entrepreneur role that becomes important icon towards Ar-Rahnu progress in Kelantan.
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In-Text Citation: (Yahaya & Bahari, 2018)
To Cite this Article: Yahaya, S., & Bahari, Z. (2018). Level of Acceptance of Muslim Small-Scale Entrepreneurs in Kelantan towards Ar-Rahnu. International Journal of Academic Research in Business and Social Sciences, 8(5), 836–854.
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