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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| Format: | Article |
| Language: | English |
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Faculty of Islamic Economics and Business State Islamic University (UIN) Sunan Kalijaga
2019
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| Online Access: | http://irep.iium.edu.my/74914/ http://irep.iium.edu.my/74914/1/74914_Investment%20linked%20takaful%20plan%20patronage.pdf |
| _version_ | 1848788034484436992 |
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| 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 |
| building | IIUM Repository |
| collection | Online Access |
| 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 |
| first_indexed | 2025-11-14T17:34:24Z |
| format | Article |
| id | iium-74914 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:34:24Z |
| publishDate | 2019 |
| publisher | Faculty of Islamic Economics and Business State Islamic University (UIN) Sunan Kalijaga |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-749142020-06-24T03:08:54Z 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/74914/1/74914_Investment%20linked%20takaful%20plan%20patronage.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 |
| spellingShingle | HG Finance HG8719 Islamic Insurance Takaful Parveen, Tamiza Razali, Siti Salwani Che Mohd Salleh, Marhanum Investment linked takaful plan patronage:evidence from Malaysia |
| title | 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_short | Investment linked takaful plan patronage:evidence from Malaysia |
| title_sort | investment linked takaful plan patronage:evidence from malaysia |
| topic | HG Finance HG8719 Islamic Insurance Takaful |
| url | http://irep.iium.edu.my/74914/ http://irep.iium.edu.my/74914/ http://irep.iium.edu.my/74914/ http://irep.iium.edu.my/74914/1/74914_Investment%20linked%20takaful%20plan%20patronage.pdf |