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Factors influencing the intention to participate in motor takaful among JAKIM staff

After 30 years of the commencement of takaful industry in Malaysia, motor takaful, as the shariah compliant choice, is still lagging far behind conventional insurance in term of market penetration. Domination of conventional insurance in this industry is still undeniable. The intention of Muslims to...

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Main Author: Mohd naim, Mustafa
Format: Thesis
Language:English
English
English
Published: 2020
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/9757/1/s82028_01.pdf
https://etd.uum.edu.my/9757/2/s82028_02.pdf
https://etd.uum.edu.my/9757/3/s82028_references.docx
https://etd.uum.edu.my/9757/
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spelling my.uum.etd.97572024-03-19T01:29:51Z https://etd.uum.edu.my/9757/ Factors influencing the intention to participate in motor takaful among JAKIM staff Mohd naim, Mustafa HG Finance After 30 years of the commencement of takaful industry in Malaysia, motor takaful, as the shariah compliant choice, is still lagging far behind conventional insurance in term of market penetration. Domination of conventional insurance in this industry is still undeniable. The intention of Muslims to participate in motor takaful may give answer to takaful low penetration and domination of this industry in Malaysia. For that, this study aimed to look at the factors that influenced the intention to participate in motor takaful, particularly among Jabatan Kemajuan Islam Malaysia (JAKIM) staff in Putrajaya. Applying the Theory of Reasoned Action (TRA), questionnaires were distributed and analysed to measure the intention of JAKIM staff toward their participation in motor takaful. Multiple Linear Regression (MLR) was carried out to analyse the relationship between the independent variables and the dependent variable. The results showed that subjective norm does not significantly affect the dependent variable. Risk awareness and attitude significantly influence the intention to participate in motor takaful. This study provides a better understanding of the factors influencing the intention of vehicle users in choosing takaful. This study is important as one of the small contributions, especially to takaful operators in empowering takaful industry, specifically, and for Islamic financial system, generally, in Malaysia. 2020 Thesis NonPeerReviewed text en https://etd.uum.edu.my/9757/1/s82028_01.pdf text en https://etd.uum.edu.my/9757/2/s82028_02.pdf text en https://etd.uum.edu.my/9757/3/s82028_references.docx Mohd naim, Mustafa (2020) Factors influencing the intention to participate in motor takaful among JAKIM staff. Masters thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
English
topic HG Finance
spellingShingle HG Finance
Mohd naim, Mustafa
Factors influencing the intention to participate in motor takaful among JAKIM staff
description After 30 years of the commencement of takaful industry in Malaysia, motor takaful, as the shariah compliant choice, is still lagging far behind conventional insurance in term of market penetration. Domination of conventional insurance in this industry is still undeniable. The intention of Muslims to participate in motor takaful may give answer to takaful low penetration and domination of this industry in Malaysia. For that, this study aimed to look at the factors that influenced the intention to participate in motor takaful, particularly among Jabatan Kemajuan Islam Malaysia (JAKIM) staff in Putrajaya. Applying the Theory of Reasoned Action (TRA), questionnaires were distributed and analysed to measure the intention of JAKIM staff toward their participation in motor takaful. Multiple Linear Regression (MLR) was carried out to analyse the relationship between the independent variables and the dependent variable. The results showed that subjective norm does not significantly affect the dependent variable. Risk awareness and attitude significantly influence the intention to participate in motor takaful. This study provides a better understanding of the factors influencing the intention of vehicle users in choosing takaful. This study is important as one of the small contributions, especially to takaful operators in empowering takaful industry, specifically, and for Islamic financial system, generally, in Malaysia.
format Thesis
author Mohd naim, Mustafa
author_facet Mohd naim, Mustafa
author_sort Mohd naim, Mustafa
title Factors influencing the intention to participate in motor takaful among JAKIM staff
title_short Factors influencing the intention to participate in motor takaful among JAKIM staff
title_full Factors influencing the intention to participate in motor takaful among JAKIM staff
title_fullStr Factors influencing the intention to participate in motor takaful among JAKIM staff
title_full_unstemmed Factors influencing the intention to participate in motor takaful among JAKIM staff
title_sort factors influencing the intention to participate in motor takaful among jakim staff
publishDate 2020
url https://etd.uum.edu.my/9757/1/s82028_01.pdf
https://etd.uum.edu.my/9757/2/s82028_02.pdf
https://etd.uum.edu.my/9757/3/s82028_references.docx
https://etd.uum.edu.my/9757/
_version_ 1794639314924077056
score 13.211869

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