TY  - CHAP
AB  - AbstractPurpose – The objective of this study is to assess the level of understanding of family takaful among the Muslim community of southern Thailand.
Methodology/approach – This study used a questionnaire as the data collection tool. It sampled 400 respondents who were selected in a simple way, regardless of whether they owned protection policies or not. The methods used to analyse the data are descriptive statistics and means, and independent samples T-testing.
Findings – The study found that the Muslim community in southern Thailand had a generally low level of understanding of family takaful. However, the differences in the level of understanding between those who participated in family takaful and those who did not were examined. The research findings were then found to indicate that there was a distinction between the two groups: those who participated in family takaful had a clear and positive understanding of it, while those who did not had no clear understanding of it. These are significant differences which signify that participation in family takaful by Muslims in southern Thailand was influenced by their understanding of it.
Research limitations/implications – This study was conducted in the Muslim community in and around Muang District, Narathiwat Province, in southern Thailand.
Practical implications – This study clearly indicates, especially to those involved directly or indirectly in the takaful industry, that there are still many in the community who do not participate in family takaful because they lack understanding and have negative perceptions of it. Those who are involved must make the effort to communicate more in-depth insights to target communities, which could effectively enhance the uptake of family takaful.
Originality/value – This is the first empirical study of takaful in Thailand. It was conducted to determine the level of understanding of family takaful in the Muslim communities of southern Thailand and to compare the levels of understanding of family takaful between those who have participated in it and those who have not.
SN  - 978-1-78756-283-7, 978-1-78756-284-4/
DO  - 10.1108/978-1-78756-283-720181010
UR  - https://doi.org/10.1108/978-1-78756-283-720181010
AU  - Ha Mirwanee
AU  - Rahman Asmak Ab
AU  - Seman Azizi Che
ED  - Asmak Ab Rahman
PY  - 2018
Y1  - 2018/01/01
TI  - Society’s Understanding of Family Takaful
T2  - New Developments in Islamic Economics
PB  - Emerald Publishing Limited
SP  - 151
EP  - 166
Y2  - 2024/04/20
ER  -