Awareness of Takaful Ownership among the Kuala Klawang Community: Challenge or Opportunity?
Abstract
The Takaful industry in Malaysia has grown rapidly in line with the development of the Islamic banking industry. This development offers an alternative approach to Islamic risk management and control. The study aims to examine the impact of financial, attitude, and knowledge towards the awareness of Takaful among the Kuala Klawang district, Jelebu community. The findings of the study obtained through the distribution of a questionnaire of 90 respondents were analyzed and focused on correlation and regression analysis. The result of the study shows a moderate correlation between financial, attitude, and knowledge towards takaful awareness. Takaful is a reliable financial instrument offering guaranteed and safe protection.
Downloads
References
Abdul Rahim , N. R., & Che Saperiz, N. I. . (2021). Effectiveness of Public Service Announcement on Halal Knowledge among Muslim Teenagers in Time of Pandemic. Ulum Islamiyyah, 33(S5), 5–18. https://doi.org/10.33102/uij.vol33noS5.399 DOI: https://doi.org/10.33102/uij.vol33noS5.399
Arlan, M. A., & Abdullah, M. A. B. (2024). The Determinant of Acceptance and Awareness of Takaful in East Malaysia. Journal of Islamic Banking and Finance. Jan–Mar, 51.
Awang, A., Mohamad, L. H., Ramly, A. F., & Sulong, C. N. (2022). Pengaruh Pengetahuan terhadap Persepsi Guru dalam Memilih Manfaat Insurans Konvensional dan Takaful: Kajian Di Tanah Merah. Journal of Islamic, Social, Economics, and Development (JISED), 7(47), 566-581. DOI: https://doi.org/10.55573/JISED.074301
Davis, A. (1971) Guidelines for the Interpretation of Effect Size for Correlations.
Fan, L., & Babiarz, P. (2019). The Determinants of Subjective Financial Satisfaction and The Moderating Roles of Gender and Marital Status. Family and Consumer Sciences Research Journal, 47(3), 237-259. DOI: https://doi.org/10.1111/fcsr.12297
Hassan, H. A., & Abbas, S. K. (2020). Factors Influencing the Investors’ Intention to Adopt Takaful (Islamic insurance) products: A survey of Pakistan. Journal of Islamic Marketing, 11(1), 1-13. DOI: https://doi.org/10.1108/JIMA-03-2018-0064
Hassan, R., Salman, S. A., Kassim, S., & Majdi, H. (2018). Awareness and Knowledge of Takaful in Malaysia: A Survey of Malaysian Consumers. International Journal of Business and Social Science, 9(11), 45-53. DOI: https://doi.org/10.30845/ijbss.v9n11p6
Md Jusoh, Z., & Jaafar, M. I. (2019). Tahap Pengetahuan dan Sikap Pengguna terhadap Tingkah Laku Pemilikan Pelan Insurans. Jurnal Pengguna Malaysia , 32, 1–17.
Meerangani, K. A., & Mad Zin, S. (2022). Penerimaan Penjawat Awam terhadap Produk Takaful: Kajian di Daerah Petaling, Selangor. Journal of Islamic Philanthropy and Social Finance (JIPSF), 4(2), 92-101. DOI: https://doi.org/10.24191/JIPSF/v4n22022_92-101
Oxford University Press. (2021). Oxford Learner's Dictionary. Oxford University Press. Retrieved from https://www.oxfordlearnersdictionaries.com/
Raza, S., Ali, M., & Qureshi, M. (2019). Influential Factors of Islamic Insurance Adoption: An Extension of Theory of Planned Behavior. Journal of Islamic Marketing. doi:http://dx.doi.org/10.1108/JIMA-03-2019-0047 DOI: https://doi.org/10.1108/JIMA-03-2019-0047
Rogers, E. M. (1995). Diffusion of Innovations: Modifications of A Model for Telecommunications. Die Diffusion Von Innovationen in der Telekommunikation, 25-38. DOI: https://doi.org/10.1007/978-3-642-79868-9_2
Sang, L. T., Ulum, Z. K. A. B., Budin, D. S. A., & Mohidin, R. (2020). Hubungkait Pengetahuan Kewangan dan Kesedaran Insurans Hayat dan Takaful Keluarga. OER@ UMS, 1-11.
Tabachnick, B. G., & Fidell, L. S. (2013). Using Multivariate Statistics (6th ed.). Boston, MA: Pearson.
Thaidi, H. A. A., Salleh, A. Z., Ab Rahman, M. F., Ab Rahman, A., & Subri, I. M. (2022). Kawalan Penyakit Wabak Berjangkit: Satu Tinjauan Terhadap Takaful Mikro Berasaskan Zakat:[Infectious Plague Control: A Survey On Zakat-Based Micro Takaful]. Ulum Islamiyyah, 33(3), 105-117
Xu, L., Prybutok, V. R., & Blankson, C. (2019). An Environmental Awareness Purchasing Intention Model. 367-381. doi:http://dx.doi.org/10.1108/IMDS-12-2017-059.1 DOI: https://doi.org/10.1108/IMDS-12-2017-0591
Yaari, M. E. (1965). Uncertain Lifetime, Life Insurance, and The Theory of The Consumer. The Review of Economic Studies, 32(2), 137-150. DOI: https://doi.org/10.2307/2296058
Yusoff, M. S., Othman, I. W., Shah, M. K. M., Esa, M. S., Zulhazmi, N. A., Ibrahim, M. A., & Ationg, R. (2021). Moratarium dan Pengurusan Kewangan Norma Baharu dalam Menginspirasi dan Mendidik Kepimpinan Komuniti Pendidikan Tinggi. Journal of Islam, Social, Economies.
Copyright (c) 2024 Nor Hazanah Miskan, Nurulhayah Muhamad, Maryam Mohd Esa, Farah Saniah Mohd Zabidi, Nurul Liyana Hussin, Siti Afifah Nasuha
This work is licensed under a Creative Commons Attribution 4.0 International License.
Author (s) should affirm that the material has not been published previously. It has not been submitted and it is not under consideration by any other journal. At the same time author (s) need to execute a publication permission agreement to assume the responsibility of the submitted content and any omissions and errors therein. After submission of revised paper in the light of suggestions of the reviewers, the editorial team edits and formats manuscripts to bring uniformity and standardization in published material.
This work will be licensed under Creative Commons Attribution 4.0 International (CC BY 4.0) and under condition of the license, users are free to read, copy, remix, transform, redistribute, download, print, search or link to the full texts of articles and even build upon their work as long as they credit the author for the original work. Moreover, as per journal policy author (s) hold and retain copyrights without any restrictions.
