Rotated component matrix for intention to adopt Islamic banking
| Component | ||
|---|---|---|
| Statements | Perceived benefit | Awareness |
| Islamic banking can work as a complementary system to conventional banking | 0.774 | |
| I am aware that Islamic banking provides finances to micro and small and medium enterprises (SMEs) | 0.743 | |
| Islamic banking will boost entrepreneurship in Uganda through provision of finances on the basis of profit-or-loss sharing | 0.712 | |
| Islamic banks provide wide range of products and services and sufficient innovations to best serve the consumers all the time | 0.644 | |
| Islamic banking can provide loans to micro businesses with no fixed interest rates | 0.638 | |
| Islamic banks provide loans to those who do not have securities at disposal and better credit rating | 0.636 | |
| I have heard about Islamic banking and am ready to accept it | 0.632 | |
| Ugandan economy would benefit from inflow of funds from Arab investors | 0.626 | |
| Islamic banking provides a solution to contemporary financial problems | 0.603 | |
| Islamic banking products and services are acceptable among all Muslims and non-Muslims | 0.518 | |
| Islamic banking is compliant to the Islamic law | 0.811 | |
| Islamic banking products and services are different from those of conventional banking | 0.768 | |
| Eigen values | 5.871 | 1.866 |
| Percentage of variance | 36.676 | 19.458 |
| Cumulative percentage | 36.676 | 56.134 |
| KMO 0.924 | ||
| Extraction method: principal component analysis | ||
| Rotation method: varimax with Kaiser normalization | ||
| Component | ||
|---|---|---|
| Statements | Perceived benefit | Awareness |
| Islamic banking can work as a complementary system to conventional banking | 0.774 | |
| I am aware that Islamic banking provides finances to micro and small and medium enterprises (SMEs) | 0.743 | |
| Islamic banking will boost entrepreneurship in Uganda through provision of finances on the basis of profit-or-loss sharing | 0.712 | |
| Islamic banks provide wide range of products and services and sufficient innovations to best serve the consumers all the time | 0.644 | |
| Islamic banking can provide loans to micro businesses with no fixed interest rates | 0.638 | |
| Islamic banks provide loans to those who do not have securities at disposal and better credit rating | 0.636 | |
| I have heard about Islamic banking and am ready to accept it | 0.632 | |
| Ugandan economy would benefit from inflow of funds from Arab investors | 0.626 | |
| Islamic banking provides a solution to contemporary financial problems | 0.603 | |
| Islamic banking products and services are acceptable among all Muslims and non-Muslims | 0.518 | |
| Islamic banking is compliant to the Islamic law | 0.811 | |
| Islamic banking products and services are different from those of conventional banking | 0.768 | |
| Extraction method: principal component analysis | ||
| Rotation method: varimax with Kaiser normalization | ||