The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom

The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom

Microtakaful is one of the mechanisms to alleviate the poverty and to provide necessary protection to low income and the poor. The purpose of this research is to investigate the need for protection (microtakaful) among low income and the poor respondents and finally to develop a suitable microtakafu...

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Bibliographic Details
Main Author: Mohd Rom, Noor Ashikin
Format: Book Section
Language:English
Published: Institute of Graduate Studies, UiTM 2015
Subjects:
Finance, Islamic
Online Access:http://ir.uitm.edu.my/id/eprint/19245/
http://ir.uitm.edu.my/id/eprint/19245/1/ABS_NOOR%20ASHIKIN%20MOHD%20ROM%20VOL%207%20IGS%2015.pdf
id uitm-19245
recordtype eprints
spelling uitm-192452018-06-12T07:16:01Z http://ir.uitm.edu.my/id/eprint/19245/ The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom Mohd Rom, Noor Ashikin Finance, Islamic Microtakaful is one of the mechanisms to alleviate the poverty and to provide necessary protection to low income and the poor. The purpose of this research is to investigate the need for protection (microtakaful) among low income and the poor respondents and finally to develop a suitable microtakaful model based on the findings of the survey, theories and literature reviews. Firstly, need for protection was examined by investigating respondents’ demographic profile, their exposure to risks, vulnerability (coping strategies), their financial literacy (ability to save and indebtedness), the awareness level, their capacity to contribute, attitude and trust towards takaful or insurance. Secondly, a new variable namely capacity to contribute was established to investigate the statistical relationship with the need for protection. Thirdly, this study employed income and education level as moderators to moderate vulnerabilities and need for protection. The objective is to find the moderation effect of income and education level on vulnerabilities and need for protection. Another new moderator namely government role is employed to test the relationship between capacity to contribute and need for protection. Fourth, this study also investigates respondents’ protection and contribution method preferences, mode of contribution and finally an affordable amount that they are willing to part with on a monthly basis. Need for protection would reflect the potential demand for these population; low income and poor… Institute of Graduate Studies, UiTM 2015 Book Section PeerReviewed text en http://ir.uitm.edu.my/id/eprint/19245/1/ABS_NOOR%20ASHIKIN%20MOHD%20ROM%20VOL%207%20IGS%2015.pdf Mohd Rom, Noor Ashikin (2015) The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom. In: The Doctoral Research Abstracts. IPSis Biannual Publication, 7 (7). Institute of Graduate Studies, UiTM, Shah Alam.
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic Finance, Islamic
spellingShingle Finance, Islamic
Mohd Rom, Noor Ashikin
The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom
description Microtakaful is one of the mechanisms to alleviate the poverty and to provide necessary protection to low income and the poor. The purpose of this research is to investigate the need for protection (microtakaful) among low income and the poor respondents and finally to develop a suitable microtakaful model based on the findings of the survey, theories and literature reviews. Firstly, need for protection was examined by investigating respondents’ demographic profile, their exposure to risks, vulnerability (coping strategies), their financial literacy (ability to save and indebtedness), the awareness level, their capacity to contribute, attitude and trust towards takaful or insurance. Secondly, a new variable namely capacity to contribute was established to investigate the statistical relationship with the need for protection. Thirdly, this study employed income and education level as moderators to moderate vulnerabilities and need for protection. The objective is to find the moderation effect of income and education level on vulnerabilities and need for protection. Another new moderator namely government role is employed to test the relationship between capacity to contribute and need for protection. Fourth, this study also investigates respondents’ protection and contribution method preferences, mode of contribution and finally an affordable amount that they are willing to part with on a monthly basis. Need for protection would reflect the potential demand for these population; low income and poor…
format Book Section
author Mohd Rom, Noor Ashikin
author_facet Mohd Rom, Noor Ashikin
author_sort Mohd Rom, Noor Ashikin
title The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom
title_short The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom
title_full The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom
title_fullStr The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom
title_full_unstemmed The development of a Microtakaful model to serve the underprivileged: low income and the poor in selected states in Malaysia / Noor Ashikin Mohd Rom
title_sort development of a microtakaful model to serve the underprivileged: low income and the poor in selected states in malaysia / noor ashikin mohd rom
publisher Institute of Graduate Studies, UiTM
publishDate 2015
url http://ir.uitm.edu.my/id/eprint/19245/
http://ir.uitm.edu.my/id/eprint/19245/1/ABS_NOOR%20ASHIKIN%20MOHD%20ROM%20VOL%207%20IGS%2015.pdf
first_indexed 2023-09-18T23:02:09Z
last_indexed 2023-09-18T23:02:09Z
_version_ 1777418244930404352

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