The determinants influencing the selection of Motor Takaful among UTM Skudai students / Mohammad Afiq Abdul Aziz

Muslims are prohibited to involve in conventional insurance due to the prohibited element such as riba, gharar and maysir that are against the Shariah principles. Motor takaful is an Islamic insurance product that is not restricted solely for Muslims but also available for the non-Muslim. Current trend indicated significant increase on the demand of motor takaful compared to motor conventional insurance. The main objective of this study is to analyse the determinants that influence the selection of Motor Takaful among UTM Skudai students. While specific objective for this study are to analyse the Shariah compliance factor, the self-awareness factor, the benefits factor and the level of knowledge factor that influence the selection of motor takaful among UTM Skudai students. In order to investigate the study on motor takaful, 120 sets of questionnaire were distributed to the UTM Skudai students. In order to analyse data, SPSS statistical software is used. The findings are derived from the four variables includes dependent variable through calculations in this software.