Religiosity and risk-taking: evidence from Islam

The Islamic religion has been at the centre of global interest in recent times, but there is no consensus on its influence on individuals and their socio-economic behaviour. We examine the impact of Muslims' religiosity on their propensity to make risky decisions. Based on a sample database of...

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Auteurs: Aldhehayan, Abdulaziz (Auteur) ; Tamvada, Jagannadha Pawan 1980- (Auteur)
Type de support: Électronique Article
Langue:Anglais
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Publié: International Association of Management, Spirituality & Religion 2023
Dans: Journal of management, spirituality & religion
Année: 2023, Volume: 20, Numéro: 5, Pages: 473-498
RelBib Classification:AE Psychologie de la religion
AG Vie religieuse
BJ Islam
ZA Sciences sociales
ZD Psychologie
Sujets non-standardisés:B Economic behaviour
B Islam
B Aufsatz in Zeitschrift
B Religion
B Religiosity
B Risk-taking
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Description
Résumé:The Islamic religion has been at the centre of global interest in recent times, but there is no consensus on its influence on individuals and their socio-economic behaviour. We examine the impact of Muslims' religiosity on their propensity to make risky decisions. Based on a sample database of 638 Muslims from Saudi Arabia, the empirical results establish a new link between Islamic religiosity and the preference for risk-taking. In particular, the results reveal a U-shaped relationship between Islamic religiosity and the propensity of Muslims for risk-taking suggesting that individuals with both high and low religiosity levels are more likely to make risky decisions.
ISSN:1942-258X
Contient:Enthalten in: Journal of management, spirituality & religion
Persistent identifiers:DOI: 10.51327/AGLB1237