Investigating Knowledge as a Possible Predictor of Purchase Intention among Muslims in Malaysia for Life Insurance and Takaful

Nasira, Nurul Farhana; Roslin, Rosmimah Mohd; Nasir, Muhammad Nur Firdaus; Nasir, Muhammad Faiz; Nasir, Muhammad; Mohamed, Nor Aizan

doi:10.6007/ijarbss/v11-i2/8880

Cited by 4 publications

(11 citation statements)

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“…Hasil penelitian ini sejalan dengan penelitian dari (Raza et al, 2020) (Nasira et al, 2021) (Razak et al, 2018) menemukan bahwa sikap memengaruhi minat masyarakat muslim untuk mengadopsi asuransi syariah. Hasil penelitian ini berimplikasi bahwa perusahaan asuransi syariah perlu menyusun strategi prosmosi yang tepat guna meningkatkan sikap positif masyarakat.…”

Section: Sikap Terhadap Minat Mengadopsi Asuransi Syariahunclassified

“…Hasil penelitian ini berimplikasi bahwa perusahaan asuransi syariah perlu menyusun strategi prosmosi yang tepat guna meningkatkan sikap positif masyarakat. Selain itu, sikap masyarakat yang positif didapat dari pengetahuan dan kesadaran mereka akan adanya asuransi syariah itu sendiri (Parveen, 2021) (Nasira et al, 2021). Dengan demikian, sikap positif masyarakat terjadi karena adanya pengetahuan masyarkat akan asuransi syariah.…”

Section: Sikap Terhadap Minat Mengadopsi Asuransi Syariahunclassified

“…Hasil penelitian ini sejalan dengan penelitian dari (Raza et al, 2020) (Nasira et al, 2021) (Razak et al, 2018) (Kazaure & Abdullah, 2019). Subjective norm merupakan salah satu hal yang penting bagi seorang untuk melakukan keputusan.…”

Section: Subjective Norm Terhadap Minat Mengadopsi Asuransi Syariahunclassified

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Faktor-faktor yang Memengaruhi Masyarakat Muslim untuk Mengadopsi Asuransi Syariah di Indonesia

Al-Banna

Nurdany

2022

etihad

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The growth of Islamic insurance in Indonesia has experienced significant growth. On the other hand, the market share of Islamic insurance in Indonesia is still at 5%. As a country with a Muslim majority population, it is essential to know the factors that influence the interest of Muslims to adopt Sharia insurance in Indonesia. In this study, the author tries to analyze the factors that influence a Muslim's interest in adopting Sharia insurance in Indonesia. This study uses the theory of the planned behavior approach. The study results show that the variables of attitude, subjective norm, and perceived behavioral control have a positive and significant influence on the interest of a Muslim to adopt Sharia insurance in Indonesia. The theory of planned behavior is the main factor for Muslim communities to use sharia insurance. Islamic insurance companies need to pay attention to subjective norms, perceived moral control, and public attitudes in promotions to increase the number of new customers.Pertumbuhan asuransi Syariah di Indonesia mengalami pertumbuhan yang signifikan. Pada sisi lain, market share asuransi Syariah di indonesia masih di angka 5%. Sebagai negara dengan penduduk mayoritas muslim, maka penting untuk mengetahui faktor-faktor yang memengaruhi minat seorang muslim untuk mengadopsi asuransi Syariah di Indonesia. Pada penelitian ini, penulis mencoba menganalisis faktor-faktor yang memengaruhi minat seorang muslim untuk menagdopsi asuransi Syariah di Indonesia. Penelitian ini menggunakan pendekatan theory of planned behavior. Hasil penelitian menunjukan bahwasanya variable sikap, subjective norm dan perceived behavioral control memengaruhi secara positif dan signifikan terhadap minat seorang muslim untuk menagdopsi asurani Syariah di Indonesia. Theory of planned behavior merupakan faktor utama masyarakat muslim menggunakan asuransi syariah. Perusahaan asuransi syariah perlu memperhatikan subjective norm, perceived bahvioral control dan sikap masyarakat dalam melakukan promosi untuk menambah jumlah nasabah baru.

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Section: Sikap Terhadap Minat Mengadopsi Asuransi Syariahunclassified

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Faktor-faktor yang Memengaruhi Masyarakat Muslim untuk Mengadopsi Asuransi Syariah di Indonesia

Al-Banna

Nurdany

2022

etihad

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“…More recently however, Masud et al (2021); Nasir et al (2021) decided to consider factors other than macroeconomic variables to study life insurance demand. Employing primary data from survey questionnaires, they have found that awareness, social norms (SN), perceived behavioral control, trust and consumer knowledge are the key underlying variables that can influence positive attitudes towards life insurance purchases and demand (Masud et al, 2021).…”

Section: Literature Review Demand For Life Insurancementioning

confidence: 99%

“…Employing primary data from survey questionnaires, they have found that awareness, social norms (SN), perceived behavioral control, trust and consumer knowledge are the key underlying variables that can influence positive attitudes towards life insurance purchases and demand (Masud et al, 2021). Meanwhile, Nasir et al (2021) focused on these same factors excluding trust under the Theory of Planned Behaviour. These research exercises provide a fresh perspective in examining life insurance demand from another angle which certainly enriches the literature.…”

Section: Literature Review Demand For Life Insurancementioning

confidence: 99%

The Nexus between Macroeconomic Variables and Demand for Life Insurance in Malaysia

Arifin¹,

Zaghlol²,

Jusoh³

et al. 2022

IJAREMS

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The insurance industry's growth has an all-encompassing impact on the economic state of a nation. In the recent era of COVID-19 pandemic, insurance companies experienced a slowdown in the premiums particularly in the life sector. Premium volumes worldwide declined as consumers chose to reduce discretionary expenditure on life insurance policies. Life insurance is one of the ways to provide income protection for the dependents or beneficiaries upon the passing of an insured person, total permanent disability, or maturity of the policy contract. This study therefore takes stock of the recent events in examining the nexus between macroeconomic variables and life insurance demand in Malaysia. The ordinary least square (OLS) methodology is employed using 34 years data spanning from 1988 until 2021. The findings from this study revealed that apart from household savings and the stock market, inflation, income, and unemployment are significant factors in determining the life insurance demand. These empirical findings are expected to contribute to enriching the existing literature and to create awareness of the benefits that life insurance may offer in potential risks transfer to the insurer. From the macroeconomic perspective, the findings may assist policymakers in developing pre-emptive measures to protect life insurance businesses from the negative repercussions of lower market confidence following an economic downturn. An insight into the long-run relationship between the macroeconomic variables and life insurance demand using cointegration techniques is suggested for future researchers.

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The Purchasing Decisions of Sharia Insurance Products During Covid-19 Period; Effectiveness of Theory Planned Behavior

Syihabudin,

Najmudin

2023

Amwaluna

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This study aims to determine effect of attitudes on the decision to buy sharia insurance products during the covid-19 period, effect of subjective norms on the decision to buy sharia insurance products during the covid-19 period, effect of perceived control behavior on sharia insurance decisions during the covid-19 period, and effect of the theory of planned behavior which includes attitudes, perceived control behavior on the decision to buy sharia insurance products during the covid-19 period. The object of this research is Sharia Prudential Insurance in Serang-Banten Regency. Respondents who became the population of this study were Prudential Sharia Insurance customers in Serang-Banten Province. The sample taken in this study amounted to 80 respondents. The research method used is quantitative. Methods of data collection using a questionnaire. Data were analyzed using the multiple linear regression method. The results of this study show that Attitudes have a significant positive effect on the decision to buy sharia insurance products during the covid-19 period, subjective norms have a significant positive effect on the decision to buy sharia insurance products during the covid-19 period, Perceived control behavior has a significant positive effect on the decision to buy sharia insurance products during the covid-19 period, and attitudes, subjective norms and perceived control behavior simultaneously have a significant positive effect on the decision to buy sharia insurance products during the covid-19 period

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Investigating Knowledge as a Possible Predictor of Purchase Intention among Muslims in Malaysia for Life Insurance and Takaful

Cited by 4 publications

References 0 publications

Faktor-faktor yang Memengaruhi Masyarakat Muslim untuk Mengadopsi Asuransi Syariah di Indonesia

Faktor-faktor yang Memengaruhi Masyarakat Muslim untuk Mengadopsi Asuransi Syariah di Indonesia

The Nexus between Macroeconomic Variables and Demand for Life Insurance in Malaysia

The Purchasing Decisions of Sharia Insurance Products During Covid-19 Period; Effectiveness of Theory Planned Behavior

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