A Qualitative Study on the Determinants of Islamic Credit Card Ownership and Usage

This qualitative study explores the factors influencing the ownership and usage of Islamic credit cards. Data were gathered based on semi-structured interviews that were conducted with seven lecturers of Business Management faculty of Universiti Teknologi MARA (UiTM). Two themes have been identified as the main factors influencing the respondents to own an Islamic credit card—respondents’ religious awareness as well as shariah compliance attributes of the Islamic credit cards. On the other hand, a total of five themes have been identified as the prominent factors influencing the usage of Islamic credit card that include convenience, sense of security, online payment or internet shopping, promotional factors and impulsive buying. The results of this study offer certain important managerial implications for the policy makers, finance institutions and the authorities that issue and take controls of the credit card activities.