Acceptance of Takaful among the millennials: A study based in Kedah

The emergence of Takaful in Malaysia has been started since 1984, when the legal frameworks for Takaful to be developed were written. According to the department of Statistic Malaysia, Kedah was ranked second last in the household income which make the adopting of Takaful maybe consider low. This al...

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Main Author: Muhammad Hidayat 'Izzuddin, Jamil
Format: Thesis
Language:eng
eng
Published: 2023
Subjects:
Online Access:https://etd.uum.edu.my/11201/1/permission%20to%20deposit-grant%20the%20permission-s830204.pdf
https://etd.uum.edu.my/11201/2/s830204_01.pdf
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spelling my-uum-etd.112012024-06-23T03:18:43Z Acceptance of Takaful among the millennials: A study based in Kedah 2023 Muhammad Hidayat 'Izzuddin, Jamil Bahaman, Muhamad Abrar Islamic Business School Islamic Business School HF5001-6182 Business The emergence of Takaful in Malaysia has been started since 1984, when the legal frameworks for Takaful to be developed were written. According to the department of Statistic Malaysia, Kedah was ranked second last in the household income which make the adopting of Takaful maybe consider low. This also can be looked at the capability of millennials in Kedah whether they understand or not about Takaful due to the environment they stayed is most likely to rural area. Thus, this study aim to analyse the factors towards the acceptance of Millennials generation towards the Takaful Product. This study used the method of quantitative approach through the distribution of questionnaires. There are 200 respondents around Kedah that has been chosen to answer the questionnaires. Their answers were analysed using SPSS version 27. The results shows that attitude, subjective norms, perceive behavioural control, religious obligation and pricing of product is significant and have positive relationship towards the acceptance of Takaful among millennials in Kedah. This study has empirically contributed towards the understanding factors of acceptance of Takaful among millennials towards the Takaful. Therefore, this study is expected to contribute towards the academic institution as well as Takaful operator companies to understand and develop a better Takaful product in the future. 2023 Thesis https://etd.uum.edu.my/11201/ https://etd.uum.edu.my/11201/1/permission%20to%20deposit-grant%20the%20permission-s830204.pdf text eng staffonly https://etd.uum.edu.my/11201/2/s830204_01.pdf text eng public other masters Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Bahaman, Muhamad Abrar
topic HF5001-6182 Business
spellingShingle HF5001-6182 Business
Muhammad Hidayat 'Izzuddin, Jamil
Acceptance of Takaful among the millennials: A study based in Kedah
description The emergence of Takaful in Malaysia has been started since 1984, when the legal frameworks for Takaful to be developed were written. According to the department of Statistic Malaysia, Kedah was ranked second last in the household income which make the adopting of Takaful maybe consider low. This also can be looked at the capability of millennials in Kedah whether they understand or not about Takaful due to the environment they stayed is most likely to rural area. Thus, this study aim to analyse the factors towards the acceptance of Millennials generation towards the Takaful Product. This study used the method of quantitative approach through the distribution of questionnaires. There are 200 respondents around Kedah that has been chosen to answer the questionnaires. Their answers were analysed using SPSS version 27. The results shows that attitude, subjective norms, perceive behavioural control, religious obligation and pricing of product is significant and have positive relationship towards the acceptance of Takaful among millennials in Kedah. This study has empirically contributed towards the understanding factors of acceptance of Takaful among millennials towards the Takaful. Therefore, this study is expected to contribute towards the academic institution as well as Takaful operator companies to understand and develop a better Takaful product in the future.
format Thesis
qualification_name other
qualification_level Master's degree
author Muhammad Hidayat 'Izzuddin, Jamil
author_facet Muhammad Hidayat 'Izzuddin, Jamil
author_sort Muhammad Hidayat 'Izzuddin, Jamil
title Acceptance of Takaful among the millennials: A study based in Kedah
title_short Acceptance of Takaful among the millennials: A study based in Kedah
title_full Acceptance of Takaful among the millennials: A study based in Kedah
title_fullStr Acceptance of Takaful among the millennials: A study based in Kedah
title_full_unstemmed Acceptance of Takaful among the millennials: A study based in Kedah
title_sort acceptance of takaful among the millennials: a study based in kedah
granting_institution Universiti Utara Malaysia
granting_department Islamic Business School
publishDate 2023
url https://etd.uum.edu.my/11201/1/permission%20to%20deposit-grant%20the%20permission-s830204.pdf
https://etd.uum.edu.my/11201/2/s830204_01.pdf
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