ISSN: 2222-6990
Open access
Today’s wedding expenses kept increasing and have created difficulties for many parties especially the couple who wants to get married. As an alternative, most couple have obtained loans or financing from banks. There are many studies debating the issue and conclude that this situation has not only resulted in the high rate of indebtedness of the young generation, but also has led to divorces. Therefore, the objective of this study is to identify the main reason as to why bridal couple get loans or financing from the bank, the amount of financing taken, the repayment period and the types of banks offering loans or financing. The questionnaire was used as a research instrument to obtain the required information. A total of 204 respondents were selected through a snow ball sampling technique. The findings of descriptive analysis showed that the main reason couple get a loan or bank funding was because they have no money at all to perform a wedding ceremony. In addition, the repayment periods for the majority of respondents were also longer than 5 years. With that, the study suggested that the couple need to manage their finances well and thoroughly while also becoming creative to generate additional income.
Abd. Hadi, F. S., Mahjom, N., Muhammad, F., Mohd Hussin, M. Y., Zulkifli, N., Rambeli @ Ramli, N., & Ahmad, M. A. (2016). Analisis Corak Perbelanjaan Perkahwinan dalam Kalangan Graduan. Management Research Journal, 5(1), 22-31.
Abd. Hadi, F-S., Mohd Hussin, M. Y., Muhammad, F., Abdul Razak, A., Mahjom, N., Choong, F. N., & Ahmad, M. A. (2016). Analisis Perbelanjaan Perkahwinan Muslim Dan Bukan Muslim. Journal of Islamic, Social, Economics and Development, 2(6), 46-55.
Abd. Rashid, A. R., Hussin, S., & Tubah, J. (2006). Institusi Keluarga: Menghadapi Cabaran Alaf Baru. Kuala Lumpur: Utusan Publications & Distributors Sdn. Bhd.
Haq, A. N. (2012). Right of Women to Mahar (Dower) Under Islamic Law and Malaysian Family Law: Some Suggestion for Reform. Journal of Islamic Law Review, 8, 215-229.
Abdullah, F. (2009). Dari Halaman Rumah ke Dewan Merak Kayangan: Upacara Perkahwinan Melayu Bandar. SARI: Jurnal Alam dan Tamadun Melayu, 27, 97-107.
Al-Asqalani, A. I. A. I. H. (2001). Fath al-Bari bi al-Sharh Sahih al-Bukhari. Qaherah: Maktabah Misr.
Al-Husayni, T. A. D. A. B. I. M. (t.t). Kifayah al-Akhyar fi Hill Ghayah al-Ikhtisor. Beirut: Dar al-Kutub al-Ilmiyyah.
Al-Jaziri, A. R. (1999). Kitab al-Fiqh ala al-Mazahib al-Arba’ah. Qaherah: Dar al-Manar.
Al-Malbariy, Z. A. Z. (2008). Fath al-Mu'iin. Johor: Perniagaan Jahabersa.
Al-Mutawalli, A. A. (2010). al-Dawabit al-Qanuniyyah wa al-Shari'ah wa al-Mushkilat al-ilmiyyah li al-Anwa'al-Hadithah li al-zawajwa al-Talaq. Kaherah: Dar al- Kutub al-Hadith.
Al-Sabuni, M. A. (t.t). Tafsir Ayat al-Ahkam min al-Quran. Beirut: Dar al-Kutub al-Ilmiyyah.
Azahari, R., Saripudin, K. N., & Abd Wahab, R. (2009). Hubungan di Antara Faktor Demografi dengan Penentuan Kadar Hantaran: Kajian di Perlis, Kedah, Pulau Pinang Dan Perak. Jurnal Fiqh, 6, 107-124.
Bloch, F., Rao, V., & Desai, S. (2004). Wedding Celebrations as Conspicuous Consumption Signalling Social Status in Rural India. Journal of Human Resources, 39(3), 675-695. doi: 10.2307/3558992.
Boden, S. (2003). Consumerism, Romance, and the Wedding Experience. Barkeley: University of California Press.
Chek, R. (2010). Konsep Perkahwinan Dalam Islam Dan Kristian: Kajian Perbandingan. (Doctoral dissertation, University of Malaya).
Piaw, C. Y. (2011). Kaedah Penyelidikan (Buku 2). Malaysia: McGraw Hill.
Dain, R. (2016). Wang Hantaran Hanya Adat. Utusan Malaysia.
Djaja, T. (1980). Tuntutan Perkahwinan dan Rumahtangga Islam. Bandung: PT. Alma'arif.
Dunya, S. A. (2013). Trend Kahwin Lambat Belia Muslim. Sinar Harian.
Francis?Tan, A., & Mialon, H. M. (2015). “A Diamond Is Forever” And Other Fairy Tales: The Relationship between Wedding Expenses and Marriage Duration. Economic Inquiry, 53(4), 1919-1930.
Hassan, A. (2007). Kualitatif Atau Kuantitatif? Memahami Andaian Asas Yang Mendasari Penyelidikan Pendidikan. Masalah Pendidikan. 30(1), 7-16.
Heng, H. L. S., & Guan, A. T. K. (2007). Examining Malaysian Household Expenditure Patterns On Food-Away-From-Home. Asian Journal of Agriculture and Development, 3(1), 11-24.
Ibn Qudamah (1997). al-Mughni. Riyad: Dar ‘Alam al-Kutub.
Idris, N. A. (2000). Teori Pertumbuhan & Pembangunan Ekonomi. Bangi: Universiti Kebangsaan Malaysia.
Iman, A. (2010). Adat Budaya. Kuala Lumpur: Goodmark Enterprise.
Ismail, R., Yunus, J. @ N., & Kamis, H. (2014). Analisis Data Kuantitatif. Kuala Lumpur: Kaisar Media Kreatif.
Kasimin, A. (1989). Adat Istiadat Perkahwinan Melayu, Satu Kajian Perbandingan. Kuala Lumpur: Dewan Bahasa Pustaka.
Khalid, A. (2016). Wang Hantaran Tak Cukup, Bakal Pengantin Bertumbuk. Utusan Online.
Konting, M. M. (1990). Kaedah Penyelidikan Pendidikan. Kuala Lumpur: Dewan Bahasa dan Pustaka.
Mahadzir, S. (2009). Adat Resam dan Makanan Masyarakat Melayu. Kuala Lumpur: EL Publication Sdn. Bhd..
Masud, J. (1982). Corak Perbelanjaan dan Pengurusan Di Kalangan Beberapa Keluarga Melayu dan Cina Di Wilayah Persekutuan. Pertanika, 5(1), 45-52.
Mat Zain, M. N. (2016). Usah Ikut Trend H
In-Text Citation: (Hadi, Hussin, Muhammad, Razak, & Mahjom, 2019)
To Cite this Article: Hadi, F.-S. A., Hussin, M. Y. M., Muhammad, F., Razak, A. A., & Mahjom, N. (2019). Bank Loan or Financing for Weddings Ceremonies: Causes and Reasons. International Journal of Academic Research Business and Social Sciences, 9(1), 1409–1417.
Copyright: © 2019 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode