Determinants of purchase behaviour among family takaful participants
Takaful is defined as “a scheme based on brotherhood, solidarity and mutual assistance which provides for mutual financial aid and assistance to the participants in case of need whereby the participants mutually agree to contribute for that purpose” (Amir, 2020). The types of misfortune can be fire,...
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my.umk.eprints.123112023-03-29T08:31:34Z http://discol.umk.edu.my/id/eprint/12311/ Determinants of purchase behaviour among family takaful participants Nur Syafiqah Razmi Nur Syahirah Shaharudin Nur Syahirah Yusri Nur Syamim Arifah Mat Zali Takaful is defined as “a scheme based on brotherhood, solidarity and mutual assistance which provides for mutual financial aid and assistance to the participants in case of need whereby the participants mutually agree to contribute for that purpose” (Amir, 2020). The types of misfortune can be fire, flood, and other natural disasters. Simply put, insurance act as monetary assistance through a simple agreement between two parties which is insurer and insured. Conventional insurance agreement not allowed in Islam due to inclusion of prohibitive elements such as riba, gharar and maysir (Ahmed Salman, 2019). Takaful is founded on the idea of reciprocal solidarity and indemnity that safeguards participants who encounter certain risks and dangers (Alif Fianto, 2014). The takaful system must adhere to Islamic ethics and standards in order for Muslims to embrace it, which necessitates the existence of values like collaboration (Ta'wun) and giving (Tabarru') necessary (Salleh & Afthanorhan, 2018). 2023-02-13 Undergraduate Final Project Report NonPeerReviewed text en http://discol.umk.edu.my/id/eprint/12311/1/GROUP%2025.pdf Nur Syafiqah Razmi and Nur Syahirah Shaharudin and Nur Syahirah Yusri and Nur Syamim Arifah Mat Zali (2023) Determinants of purchase behaviour among family takaful participants. Final Year Project thesis, UNIVERSITI MALAYSIA KELANTAN. (Submitted) |
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Takaful is defined as “a scheme based on brotherhood, solidarity and mutual assistance which provides for mutual financial aid and assistance to the participants in case of need whereby the participants mutually agree to contribute for that purpose” (Amir, 2020). The types of misfortune can be fire, flood, and other natural disasters. Simply put, insurance act as monetary assistance through a simple agreement between two parties which is insurer and insured. Conventional insurance agreement not allowed in Islam due to inclusion of prohibitive elements such as riba, gharar and maysir (Ahmed Salman, 2019). Takaful is founded on the idea of reciprocal solidarity and indemnity that safeguards participants who encounter certain risks and dangers (Alif Fianto, 2014). The takaful system must adhere to Islamic ethics and standards in order for Muslims to embrace it, which necessitates the existence of values like collaboration (Ta'wun) and giving (Tabarru') necessary (Salleh & Afthanorhan, 2018). |
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Undergraduate Final Project Report |
author |
Nur Syafiqah Razmi Nur Syahirah Shaharudin Nur Syahirah Yusri Nur Syamim Arifah Mat Zali |
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Nur Syafiqah Razmi Nur Syahirah Shaharudin Nur Syahirah Yusri Nur Syamim Arifah Mat Zali Determinants of purchase behaviour among family takaful participants |
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Nur Syafiqah Razmi Nur Syahirah Shaharudin Nur Syahirah Yusri Nur Syamim Arifah Mat Zali |
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Nur Syafiqah Razmi |
title |
Determinants of purchase behaviour among family takaful participants |
title_short |
Determinants of purchase behaviour among family takaful participants |
title_full |
Determinants of purchase behaviour among family takaful participants |
title_fullStr |
Determinants of purchase behaviour among family takaful participants |
title_full_unstemmed |
Determinants of purchase behaviour among family takaful participants |
title_sort |
determinants of purchase behaviour among family takaful participants |
publishDate |
2023 |
url |
http://discol.umk.edu.my/id/eprint/12311/1/GROUP%2025.pdf http://discol.umk.edu.my/id/eprint/12311/ |
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