This study examines the relationship between financial inclusion and the use of ar-rahn financing in enhancing individual economic well-being. Primary data assembled through questionnaire surveys were analyzed by using factor analysis and structural equation modeling. The results demonstrate that financial inclusion through patronising ar-rahn significantly improves the well-being of individuals and society. Importantly, the usage of ar-rahn financing for production purpose such as economic activity is claimed to be significant in enhancing individual well-being resulting into micro balancing and improving the financial and socio-economic development.
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In-Text Citation: (Razak, Muhammad, Hussin, Hadi, & Zainol, 2019)
To Cite this Article: Razak, A. A., Muhammad, F., Hussin, M. Y. M. M., Hadi, F. S. A., & Zainol, Z. (2019). Modeling Financial Inclusion in the Ar-Rahn’s financing as Imperatives for Economic Well-Being in Malaysia. International Journal Academic Research Business and Social Sciences, 9(1), 1103–1123.
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