Determinants of Takaful Patronage Among Entrepreneurs in Sabon Gari Market, Kano State, Nigeria

Abstract

Objective – This paper examined the determinants of Takaful patronage among the entrepreneurs in Sabon Gari market of Kano metropolis, Nigeria. Design/methodology – The paper adopted survey research approach through the use of questionnaire. Respondents were selected using a purposive sampling technique. Multivariate regression was adopted to test the hypothesized model of the study using variance-based SEM. The data was analyzed using Smart-PLS 3. Results – The results show that religiosity, trust and confidence and awareness most often positive and are found to significantly influence patronage of Takaful services at significant level of 0.05 while the three explanatory variables were able to explain 58% variation in the dependent variable.

Factors Affecting Smes Perception of Human Resource Management Practices: A Structural Equation Modeling Approach

“…While some studies found 0.600 to be acceptable, others found multiple 0.600 to be unacceptable. The Cronbach alpha is acceptable since it's above 0.60 (Sulaiman et al, 2020). The measures in this research are dependable and accurate is a logical assumption to make.…”

“…Cronbach's alpha should be at least 0.70 (Sulaiman et al, 2020). While some studies found 0.600 to be acceptable, others found multiple 0.600 to be unacceptable.…”

“…Statistical significance is often interpreted as substantially different t-values from zero when all three variables are in the "normal" ranges. PLS bootstrapping resampling with 1000 bootstrap samples were used to get statistical T-values for the data (Sulaiman et al, 2020).…”