![Abstract of Emerging Trends in Scientific Research, 2014, Vol.1
DOI: 10.18488/journal.1002/2014.1/1002.1
1st
International Conference on Emerging Trends in
Scientific Research
15-16 March, 2014
Pearl International Hotel Kuala Lumpur, Malaysia
Conference Website: www.pakrdw.com
52
Paper ID: 233/14/1
st
ICETSR
Perception of Takaful [Islamic Insurance] Acceptance Among
Academic Staffs of Malaysian Tertiary Institution
Che Mohd Zulkifli Che Omar1
--- Anas T.2
1
Faculty of Management and Economics, Sultan Idris Education University, 35900 TanjongMalim, Perak,
Malaysia
2
Fakulty of Management, Darul Ridzuan Islamic College, 33000, Kuala Kangsar, Perak, Malaysia
Abstract
This study was conducted to obtain a clear picture of Malaysian higher education
institution academic staffs acceptance on takaful or Islamic insurance products. There
are several factors that influence them in the participation and the choice of takaful
products. Generally, there were three factors found to be most significantly influence their
participation and choice of takaful products which are compliant to Islamic Shariah law,
attractive product packages and well known takaful companies. Besides, the priority of
awareness to participate in takaful is to protect themselves from any risk, to bear the
costs of being warded at the hospital and to ensure that the family will get financial
security in the event of calamity. While the main factors contributing to the tertiary
institutions academic staff to have yet joining Takaful Malaysia were no interest and
unclear information. The results were analyzed descriptively to determine the frequency,
percentage, mean, and factor analysis by using the Statistical Package For The Social
Sciences' (SPSS) version 17.0. It is hoped that these findings can provide useful
information to takaful companies, particularly to improve the supply of takaful products.
Keywords: Insurance, Takaful, University academic staffs in Malaysia.](https://image.slidesharecdn.com/icetsr1-2014-52-160613050017/85/Perception-of-Takaful-Islamic-Insurance-Acceptance-Among-Academic-Staffs-of-Malaysian-Tertiary-Institution-1-320.jpg)
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Perception of Takaful [Islamic Insurance] Acceptance Among Academic Staffs of Malaysian Tertiary Institution
- 1. Abstract of Emerging Trends in Scientific Research, 2014, Vol.1 DOI: 10.18488/journal.1002/2014.1/1002.1 1st International Conference on Emerging Trends in Scientific Research 15-16 March, 2014 Pearl International Hotel Kuala Lumpur, Malaysia Conference Website: www.pakrdw.com 52 Paper ID: 233/14/1 st ICETSR Perception of Takaful [Islamic Insurance] Acceptance Among Academic Staffs of Malaysian Tertiary Institution Che Mohd Zulkifli Che Omar1 --- Anas T.2 1 Faculty of Management and Economics, Sultan Idris Education University, 35900 TanjongMalim, Perak, Malaysia 2 Fakulty of Management, Darul Ridzuan Islamic College, 33000, Kuala Kangsar, Perak, Malaysia Abstract This study was conducted to obtain a clear picture of Malaysian higher education institution academic staffs acceptance on takaful or Islamic insurance products. There are several factors that influence them in the participation and the choice of takaful products. Generally, there were three factors found to be most significantly influence their participation and choice of takaful products which are compliant to Islamic Shariah law, attractive product packages and well known takaful companies. Besides, the priority of awareness to participate in takaful is to protect themselves from any risk, to bear the costs of being warded at the hospital and to ensure that the family will get financial security in the event of calamity. While the main factors contributing to the tertiary institutions academic staff to have yet joining Takaful Malaysia were no interest and unclear information. The results were analyzed descriptively to determine the frequency, percentage, mean, and factor analysis by using the Statistical Package For The Social Sciences' (SPSS) version 17.0. It is hoped that these findings can provide useful information to takaful companies, particularly to improve the supply of takaful products. Keywords: Insurance, Takaful, University academic staffs in Malaysia.