Empirical Validations of Customer’s Determinants and Acceptance of Islamic Micro Finance in Kano and Jigawa States, Nigeria

Abstract

The aim of this research paper is to conceptualize the model in examining accessibility to fund, attitude, and knowledge as the selected determinants of customers’ acceptance towards Islamic micro finance in Kano and Jigawa States, Nigeria. This study used simple random sampling technique and obtained data from 200 Islamic micro finance customers in Kano and Jigawa States. The study tests the reliability of the study measurement and explores the potential framework as a pilot study. The study found the measurements to be valid and reliable as the potential framework is conceptualized. Recommendations indicated that financiers and the general public can consider the variables and the measurements of this study to serve as a guide for Islamic micro finance towards customer’s acceptance of their products. Also, agencies such as stock exchange commission, the Central Bank of Nigeria as well as other financial institutions can utilize the outcome of this study in making policies and strategies.