Investment linked takaful plan patronage:evidence from Malaysia

Investment-linked Takaful is a recent innovation introduced in Malaysia. This study focuses on Investment-linked takaful plan selection in Malaysia. We have used a selfadministered questionnaire to collect data from 143 respondents from the Klang Valley area. Data collected through the survey was an...

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Main Authors: Parveen, Tamiza, Razali, Siti Salwani, Che Mohd Salleh, Marhanum
Format: Article
Language:English
Published: Faculty of Islamic Economics and Business State Islamic University (UIN) Sunan Kalijaga 2019
Subjects:
Online Access:http://irep.iium.edu.my/74914/
http://irep.iium.edu.my/74914/
http://irep.iium.edu.my/74914/
http://irep.iium.edu.my/74914/1/1106-1489-1-PB.pdf
id iium-74914
recordtype eprints
spelling iium-749142019-10-24T00:31:08Z http://irep.iium.edu.my/74914/ Investment linked takaful plan patronage:evidence from Malaysia Parveen, Tamiza Razali, Siti Salwani Che Mohd Salleh, Marhanum HG Finance HG8719 Islamic Insurance Takaful Investment-linked Takaful is a recent innovation introduced in Malaysia. This study focuses on Investment-linked takaful plan selection in Malaysia. We have used a selfadministered questionnaire to collect data from 143 respondents from the Klang Valley area. Data collected through the survey was analyzed through descriptive statistics, correlation and regression analysis. Results indicate that fee payment and benefits play a significant role in Takaful operator selection while coverage and benefits affect the investment-linked product selection in Malaysia. This study is unique as it provides empirical evidence on the investmentlinked takaful investment which is limited in supply. Results provided by this study can be useful for takaful operators in designing the most appropriate investment-linked product for attracting customers Faculty of Islamic Economics and Business State Islamic University (UIN) Sunan Kalijaga 2019 Article PeerReviewed application/pdf en http://irep.iium.edu.my/74914/1/1106-1489-1-PB.pdf Parveen, Tamiza and Razali, Siti Salwani and Che Mohd Salleh, Marhanum (2019) Investment linked takaful plan patronage:evidence from Malaysia. Global Review of Islamic Economics and Business, 7 (1). pp. 41-48. ISSN 2338-2619 E-ISSN 2338-7920 http://ejournal.uin-suka.ac.id/febi/grieb/article/view/1106/628 10.14421/GRIEB.2019.%25X
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG Finance
HG8719 Islamic Insurance Takaful
spellingShingle HG Finance
HG8719 Islamic Insurance Takaful
Parveen, Tamiza
Razali, Siti Salwani
Che Mohd Salleh, Marhanum
Investment linked takaful plan patronage:evidence from Malaysia
description Investment-linked Takaful is a recent innovation introduced in Malaysia. This study focuses on Investment-linked takaful plan selection in Malaysia. We have used a selfadministered questionnaire to collect data from 143 respondents from the Klang Valley area. Data collected through the survey was analyzed through descriptive statistics, correlation and regression analysis. Results indicate that fee payment and benefits play a significant role in Takaful operator selection while coverage and benefits affect the investment-linked product selection in Malaysia. This study is unique as it provides empirical evidence on the investmentlinked takaful investment which is limited in supply. Results provided by this study can be useful for takaful operators in designing the most appropriate investment-linked product for attracting customers
format Article
author Parveen, Tamiza
Razali, Siti Salwani
Che Mohd Salleh, Marhanum
author_facet Parveen, Tamiza
Razali, Siti Salwani
Che Mohd Salleh, Marhanum
author_sort Parveen, Tamiza
title Investment linked takaful plan patronage:evidence from Malaysia
title_short Investment linked takaful plan patronage:evidence from Malaysia
title_full Investment linked takaful plan patronage:evidence from Malaysia
title_fullStr Investment linked takaful plan patronage:evidence from Malaysia
title_full_unstemmed Investment linked takaful plan patronage:evidence from Malaysia
title_sort investment linked takaful plan patronage:evidence from malaysia
publisher Faculty of Islamic Economics and Business State Islamic University (UIN) Sunan Kalijaga
publishDate 2019
url http://irep.iium.edu.my/74914/
http://irep.iium.edu.my/74914/
http://irep.iium.edu.my/74914/
http://irep.iium.edu.my/74914/1/1106-1489-1-PB.pdf
first_indexed 2023-09-18T21:46:00Z
last_indexed 2023-09-18T21:46:00Z
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