Determinant of customer loyalty in Malaysian takaful industry

The Malaysian Takaful industry is considered a growing industry with significant progress and continues to play an important socioeconomic role within the economy. In the new global economy, service providers are competing to develop and retain customers through increased satisfaction and loyalty. T...

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Main Authors: Abu Hassan, Lailatul Faizah, Wan Jusoh, Wan Jamaliah, Hamid, Zarinah
Format: Article
Language:English
Published: Elsevier 2014
Subjects:
Online Access:http://irep.iium.edu.my/37478/
http://irep.iium.edu.my/37478/1/Determinant_of_Customer_Loyalty-Procedia_Social_and_Behavioral_Sciences_130_Elsevier.pdf
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author Abu Hassan, Lailatul Faizah
Wan Jusoh, Wan Jamaliah
Hamid, Zarinah
author_facet Abu Hassan, Lailatul Faizah
Wan Jusoh, Wan Jamaliah
Hamid, Zarinah
author_sort Abu Hassan, Lailatul Faizah
building IIUM Repository
collection Online Access
description The Malaysian Takaful industry is considered a growing industry with significant progress and continues to play an important socioeconomic role within the economy. In the new global economy, service providers are competing to develop and retain customers through increased satisfaction and loyalty. To achieve this aim, customer knowledge has been increasingly recognized as a key strategy in managing customer relationships. Organizations sometimes are not aware of what actually goes on in a customer's mind. This study is aimed to investigate the factors influencing customer loyalty among Malaysian Takaful customers. It focuses on the relationships among customer relationship management, customer satisfaction and customer loyalty. The population of the study will consist of customers who have subscribed to the Islamic insurance products and services. Self-administered questionnaires are distributed to eight Takaful companies in Malaysia as a study setting for this study. Structural Equation Modeling (SEM) is applied to test the constructs’ relationships. It is expected that findings from this study will contribute to the existing literature to both theoretical and managerial approaches in order to better understand the pattern of customer knowledge management, customer relationship management and customer lifetime value, especially in Takaful industry settings.
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spelling iium-374782018-06-19T07:41:34Z http://irep.iium.edu.my/37478/ Determinant of customer loyalty in Malaysian takaful industry Abu Hassan, Lailatul Faizah Wan Jusoh, Wan Jamaliah Hamid, Zarinah HF5001 Business. Business Administration HG4001 Financial management. Business finance. Corporation finance. HG8011 Insurance The Malaysian Takaful industry is considered a growing industry with significant progress and continues to play an important socioeconomic role within the economy. In the new global economy, service providers are competing to develop and retain customers through increased satisfaction and loyalty. To achieve this aim, customer knowledge has been increasingly recognized as a key strategy in managing customer relationships. Organizations sometimes are not aware of what actually goes on in a customer's mind. This study is aimed to investigate the factors influencing customer loyalty among Malaysian Takaful customers. It focuses on the relationships among customer relationship management, customer satisfaction and customer loyalty. The population of the study will consist of customers who have subscribed to the Islamic insurance products and services. Self-administered questionnaires are distributed to eight Takaful companies in Malaysia as a study setting for this study. Structural Equation Modeling (SEM) is applied to test the constructs’ relationships. It is expected that findings from this study will contribute to the existing literature to both theoretical and managerial approaches in order to better understand the pattern of customer knowledge management, customer relationship management and customer lifetime value, especially in Takaful industry settings. Elsevier 2014-06-05 Article PeerReviewed application/pdf en http://irep.iium.edu.my/37478/1/Determinant_of_Customer_Loyalty-Procedia_Social_and_Behavioral_Sciences_130_Elsevier.pdf Abu Hassan, Lailatul Faizah and Wan Jusoh, Wan Jamaliah and Hamid, Zarinah (2014) Determinant of customer loyalty in Malaysian takaful industry. Procedia Social and Behavioral Sciences, 130. pp. 362-370. ISSN 1877-0428 http://www.sciencedirect.com/science/article/pii/S187704281402953X 10.1016/j.sbspro.2014.04.043
spellingShingle HF5001 Business. Business Administration
HG4001 Financial management. Business finance. Corporation finance.
HG8011 Insurance
Abu Hassan, Lailatul Faizah
Wan Jusoh, Wan Jamaliah
Hamid, Zarinah
Determinant of customer loyalty in Malaysian takaful industry
title Determinant of customer loyalty in Malaysian takaful industry
title_full Determinant of customer loyalty in Malaysian takaful industry
title_fullStr Determinant of customer loyalty in Malaysian takaful industry
title_full_unstemmed Determinant of customer loyalty in Malaysian takaful industry
title_short Determinant of customer loyalty in Malaysian takaful industry
title_sort determinant of customer loyalty in malaysian takaful industry
topic HF5001 Business. Business Administration
HG4001 Financial management. Business finance. Corporation finance.
HG8011 Insurance
url http://irep.iium.edu.my/37478/
http://irep.iium.edu.my/37478/
http://irep.iium.edu.my/37478/
http://irep.iium.edu.my/37478/1/Determinant_of_Customer_Loyalty-Procedia_Social_and_Behavioral_Sciences_130_Elsevier.pdf