Study of perception of bitcoin risks in Islamic perspective among SAB students, University Malaysia Kelantan

This research study was carried out to explore the perception of Bitcoin Risks from an Islamic Perspective among Islamic Banking and Finance (SAB) Students of the University Malaysia Kelantan (UMK). Nowadays, investing in bitcoin is a big topic among investors even though it is not legal, especially investors who are among undergraduate students who are involved in this bitcoin investment. The researcher examined three independent variables affecting the perception of bitcoin risks, which is the level of awareness, student experience, and social media influence. To describe independent variables and dependent variables, the Theory of Planned Behaviour (TPB), Theory of Acceptance Model (TAM), Perceived Risk, and Mass Media Influence was used to undertake this study. The researcher gained more information systematic in-depth knowledge about the perception of bitcoin risks. In this analysis, a quantitative data collection method was used because it focuses on creating answers to related problems by collecting data through questionnaires or surveys. A total of 205 students at University Malaysia Kelantan (UMK) were tested using questionnaires and analysed by using Spearman Correlation Statistic Package for Social Science (SPSS). The result indicates that all the elements have a significant relationship with University Malaysia Kelantan (UMK) students’ perception. The implication and recommendations for future research of the study were discussed at the end of this paper.