Warehouse Receipt System using Technology Acceptance Model (TAM) for Agricultural Islamic Financing

Islamic banks are expected to be able to fully contribute to the availability of agricultural sector financing with ease of requirements and guarantees for farmers who need additional working capital for their farming businesses through user-friendly applications. Islamic banks also need other supporting institutions, such as guarantee institutions that are authorized to issue collateral in the form of Warehouse Receipts (WRS), start-up companies for marketing agricultural products, internet technology for information on the feasibility of farmers' businesses, and others. The TAM method is used to measure farmers' perceptions of the usefulness and ease of use of Internet-based WRS guarantee for agricultural financing with a sample of 193 respondents consisting of farmers and Islamic bank employees in the financing section. The results of the analysis show that the direct effect of usefulness and ease of use on usage attitude is positive, strong and significant, as well as behavioral intentions of use and actual system usage. But the direct effect of usefulness and ease of use on behavioral intention of use is positive, weak and insignificant. The direct effect of ease of use on the actual system usage has a positive, strong and significant. The indirect effect of usefulness and ease of use on the actual system usage through usage attitudes is positive, strong and significant, but through behavioral intentions of use, the effect is positive, weak and insignificant. It means that farmers have expectations in this Internet-based WRS guarantee for agricultural Islamic financing product. However, Islamic banks indicate an uncertain perception.