Students’ Understanding towards the Objectives and Concepts of Takaful

Abstract

The purpose of this paper is to investigates the students' understanding towards the objective and concept of Takaful. There were 60 students who participated in this study. The data were analysed using descriptive statistical analysis and factor analysis, to measure the level of understanding among the students and also the factors contributed to their understanding. The finding indicated that the level of understanding among the students are moderate. Furthermore, the study also has found learning exposure are the factors that contributes to the students' understanding on Takaful. Overall, the results suggest that the university should established a productive learning environment for students and can collaborate with Malaysian Takaful Association in order to give benefits and can increase their understanding of Takaful and therefore can bridge the gap between academia and industry players.