Determinant influence the acceptance of takaful among Johor Tin Factory staff / Muhamad Hadri Noordin

• Main Author: Noordin, Muhamad Hadri
• Format: Student Project
• Language: English
• Published: 2020
• Subjects: Islam and economics; Malaysia
• Online Access: https://ir.uitm.edu.my/id/eprint/48636/1/48636i.pdf; https://ir.uitm.edu.my/id/eprint/48636/

Muslims are prohibited from taking conventional insurance due to some forbidden elements in the conventional insurance. The word Takaful is derived from Arabic verb "Kafala", which means to guarantee, looking after, to help and to take care of one"s needs. Takaful is a system of Islamic insurance based on the principles of "ta'awun" (mutual assistance) and "tabarru"' (voluntary contribution). The Takaful industry has developed rapidly in Malaysia since 1984. The objective of this study is aimed the determine influence the acceptance of Takaful among Johor Tin Factory staff. The study employed convenience sampling methodology whereby a survey was conducted among 200 Johor Tin Factory staff. It is found that only three variables which are knowledge, awareness and religion has significant correlation with detennine influence the acceptance of Takaful among Johor Tin Factory staff.