Awareness and knowledge of takaful in Malaysia: a survey of Malaysian consumers

• Main Authors: Hassan, Rusni, Salman, Syed Ahmed, Kassim, Salina, Ab Rashid, Hafiz-Majdi
• Format: Article
• Language: English
• Published: Center for Promoting Ideas, USA 2018
• Subjects: HB126.4 Islamic Economics; HG3368 Islamic Banking and Finance; HG8719 Islamic Insurance Takaful
• Online Access: http://irep.iium.edu.my/69319/1/69319_Awareness%20and%20Knowledge%20of%20Takaful_article.pdf; http://irep.iium.edu.my/69319/; http://ijbssnet.com/journals/Vol_9_No_11_November_2018/6.pdf
• Institution: Universiti Islam Antarabangsa Malaysia

Insurance, nowadays, is no longer a luxury rather a necessity. Government regulations and employment are two very important factors that contribute to the huge overall growth of the insurance industry because they force general public to buy it. The concept behind conventional insurance is contrary...