Table III. Likert scale and weighted...

Table III.

Likert scale and weighted mean on knowledge of Islamic financial system (part I)

	Scale
Questions	Strongly agree	Agree	Neither agree nor disagree	Disagree	Strongly disagree	Total	Weighted mean
7. Do you agree that the Islamic financial system prohibits an interest reward system?
Frequency	66	51	108	72	3	300	3.35
(%)	22	17	36	24	1	100
8. Do you agree that speculation in stock is prohibited in Islamic financial system?
Frequency	78	36	117	63	6	300	3.39
(%)	26	12	39	21	2	100
9. Do you agree that there are hedging instruments in Islamic financial system?
Frequency	48	33	108	69	42	300	2.92
(%)	16	11	36	23	14	100
10. Do you agree that it is allowed to invest in hotel industry in Islamic financial system?
Frequency	27	93	168	9	3	300	3.44
(%)	9	31	56	3	1	100
11. Do you agree that a risk-sharing system is allowed in Islamic financial system?
Frequency	48	123	78	33	18	300	3.50
(%)	16	41	26	11	6	100
12. Do you agree that there is such a thing as credit card in Islamic financial system?
Frequency	42	105	114	27	12	300	3.46
(%)	14	35	38	9	4	100
13. Do you agree that there is a debt financing in Islamic financial system?
Frequency	39	162	72	18	9	300	4.77
(%)	13	54	24	6	3	100
14. Do you agree that uncertainty is prohibited of Islamic financial system?
Frequency	69	36	141	18	36	300	3.28
(%)	23	12	47	6	12	100

	Scale
Questions	Strongly agree	Agree	Neither agree nor disagree	Disagree	Strongly disagree	Total	Weighted mean
7. Do you agree that the Islamic financial system prohibits an interest reward system?
Frequency	66	51	108	72	3	300	3.35
(%)	22	17	36	24	1	100
8. Do you agree that speculation in stock is prohibited in Islamic financial system?
Frequency	78	36	117	63	6	300	3.39
(%)	26	12	39	21	2	100
9. Do you agree that there are hedging instruments in Islamic financial system?
Frequency	48	33	108	69	42	300	2.92
(%)	16	11	36	23	14	100
10. Do you agree that it is allowed to invest in hotel industry in Islamic financial system?
Frequency	27	93	168	9	3	300	3.44
(%)	9	31	56	3	1	100
11. Do you agree that a risk-sharing system is allowed in Islamic financial system?
Frequency	48	123	78	33	18	300	3.50
(%)	16	41	26	11	6	100
12. Do you agree that there is such a thing as credit card in Islamic financial system?
Frequency	42	105	114	27	12	300	3.46
(%)	14	35	38	9	4	100
13. Do you agree that there is a debt financing in Islamic financial system?
Frequency	39	162	72	18	9	300	4.77
(%)	13	54	24	6	3	100
14. Do you agree that uncertainty is prohibited of Islamic financial system?
Frequency	69	36	141	18	36	300	3.28
(%)	23	12	47	6	12	100

Note:

Average weighted mean for Questions 7-14: 3.51

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