Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust

This paper aims to investigate the factors affecting individuals’ intention to purchase Islamic life insurance policy in Pakistan. The decomposed theory of planned behaviour was adapted and further extended, and the mediating effects of perceived trust were incorporated into the framework. A total o...

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Main Authors: Aziz, Shahab, Md Husin, Maizaitulaidawati, Haron, Razali, Afaq, Zahra
Format: Proceeding Paper
Language:English
English
English
Published: 2019
Subjects:
Online Access:http://irep.iium.edu.my/74378/
http://irep.iium.edu.my/74378/1/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-full%20text.pdf
http://irep.iium.edu.my/74378/2/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-certificate.pdf
http://irep.iium.edu.my/74378/3/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-handbook.pdf
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author Aziz, Shahab
Md Husin, Maizaitulaidawati
Haron, Razali
Afaq, Zahra
author_facet Aziz, Shahab
Md Husin, Maizaitulaidawati
Haron, Razali
Afaq, Zahra
author_sort Aziz, Shahab
building IIUM Repository
collection Online Access
description This paper aims to investigate the factors affecting individuals’ intention to purchase Islamic life insurance policy in Pakistan. The decomposed theory of planned behaviour was adapted and further extended, and the mediating effects of perceived trust were incorporated into the framework. A total of 449 questionnaires were collected using judgemental sampling technique and analysed using SmartPLS. Of all the hypotheses, one was rejected. Attitude and subjective norm were found to have a positive relationship with intention. Perceived religiosity and knowledge have a positive relationship with attitude, media referent and word of mouth have a positive relationship with subjective norm, and financial self-efficacy and resource facilitating conditions have a positive relationship with perceived behavioural control. In addition, trust was found to have a mediating effect on religiosity and attitude. However, perceived behavioural control was found to have an insignificant relationship with intention. The contribution and implications of the study are further discussed.
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format Proceeding Paper
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institution International Islamic University Malaysia
institution_category Local University
language English
English
English
last_indexed 2025-11-14T17:33:08Z
publishDate 2019
recordtype eprints
repository_type Digital Repository
spelling iium-743782019-09-23T08:57:09Z http://irep.iium.edu.my/74378/ Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust Aziz, Shahab Md Husin, Maizaitulaidawati Haron, Razali Afaq, Zahra HG8719 Islamic Insurance Takaful This paper aims to investigate the factors affecting individuals’ intention to purchase Islamic life insurance policy in Pakistan. The decomposed theory of planned behaviour was adapted and further extended, and the mediating effects of perceived trust were incorporated into the framework. A total of 449 questionnaires were collected using judgemental sampling technique and analysed using SmartPLS. Of all the hypotheses, one was rejected. Attitude and subjective norm were found to have a positive relationship with intention. Perceived religiosity and knowledge have a positive relationship with attitude, media referent and word of mouth have a positive relationship with subjective norm, and financial self-efficacy and resource facilitating conditions have a positive relationship with perceived behavioural control. In addition, trust was found to have a mediating effect on religiosity and attitude. However, perceived behavioural control was found to have an insignificant relationship with intention. The contribution and implications of the study are further discussed. 2019-08-21 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/74378/1/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-full%20text.pdf application/pdf en http://irep.iium.edu.my/74378/2/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-certificate.pdf application/pdf en http://irep.iium.edu.my/74378/3/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-handbook.pdf Aziz, Shahab and Md Husin, Maizaitulaidawati and Haron, Razali and Afaq, Zahra (2019) Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust. In: INTERNATIONAL SYMPOSIUM ON APPLIED STRUCTURAL EQUATION MODELING AND METHODOLOGICAL MATTERS SASEM 2019, Melaka, Malaysia. (Unpublished) https://sasem2019.org/
spellingShingle HG8719 Islamic Insurance Takaful
Aziz, Shahab
Md Husin, Maizaitulaidawati
Haron, Razali
Afaq, Zahra
Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust
title Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust
title_full Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust
title_fullStr Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust
title_full_unstemmed Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust
title_short Intention to purchase Islamic life insurance policy: evaluation of the mediating effects of perceived trust
title_sort intention to purchase islamic life insurance policy: evaluation of the mediating effects of perceived trust
topic HG8719 Islamic Insurance Takaful
url http://irep.iium.edu.my/74378/
http://irep.iium.edu.my/74378/
http://irep.iium.edu.my/74378/1/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-full%20text.pdf
http://irep.iium.edu.my/74378/2/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-certificate.pdf
http://irep.iium.edu.my/74378/3/74378-%20Intention%20to%20purchase%20islamic%20life%20insurance%20-handbook.pdf