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:	eng eng eng
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
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id	my-uum-etd.9757
record_format	uketd_dc
spelling	my-uum-etd.97572024-03-19T01:29:51Z Factors influencing the intention to participate in motor takaful among JAKIM staff 2020 Mohd naim, Mustafa Abdul Majid, Nurul Huda Islamic Business School Islamic Business School 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 https://etd.uum.edu.my/9757/ https://etd.uum.edu.my/9757/1/s82028_01.pdf text eng public https://etd.uum.edu.my/9757/2/s82028_02.pdf text eng public https://etd.uum.edu.my/9757/3/s82028_references.docx text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Abdul Majid, Nurul Huda
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
qualification_name	other
qualification_level	Master's degree
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
granting_institution	Universiti Utara Malaysia
granting_department	Islamic Business School
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
_version_	1794023769994428416

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

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