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    Takaful awareness among people is still low in some countries like Malaysia despite being introduced decades ago. A study in Malaysia found that about 30% of respondents did not know takaful is Shariah-compliant and free from interest, uncertainty, and gambling. While awareness is higher in Bahrain, people lack understanding of technical terms. The lack of education and negative attitudes contribute to low awareness. To increase awareness, more marketing and introducing takaful earlier in schools is needed. The conclusion is that while takaful awareness is low in Malaysia currently, greater promotion by the government and agencies could increase awareness over time given Malaysia is an Islamic country.

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    Takaful awareness among people is still low in some countries like Malaysia despite being introduced decades ago. A study in Malaysia found that about 30% of respondents did not know takaful is Shariah-compliant and free from interest, uncertainty, and gambling. While awareness is higher in Bahrain, people lack understanding of technical terms. The lack of education and negative attitudes contribute to low awareness. To increase awareness, more marketing and introducing takaful earlier in schools is needed. The conclusion is that while takaful awareness is low in Malaysia currently, greater promotion by the government and agencies could increase awareness over time given Malaysia is an Islamic country.

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    5 views10 pages

    Green Playful Organic Freelance Graphic Designer Marketing Video Presentation

    Uploaded by

    hidayat
    Takaful awareness among people is still low in some countries like Malaysia despite being introduced decades ago. A study in Malaysia found that about 30% of respondents did not know takaful is Shariah-compliant and free from interest, uncertainty, and gambling. While awareness is higher in Bahrain, people lack understanding of technical terms. The lack of education and negative attitudes contribute to low awareness. To increase awareness, more marketing and introducing takaful earlier in schools is needed. The conclusion is that while takaful awareness is low in Malaysia currently, greater promotion by the government and agencies could increase awareness over time given Malaysia is an Islamic country.

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    of 10

    TAKAFUL

    AWARENESS
    AMONG PEOPLE
    MUHAMMAD HIDAYAT 'IZZUDDIN BIN JAMIL
    830204
    CONTENT

    INTRODUCTION
    DATA
    FACTORS
    SOLUTION
    INTRODUCTION
    DIFFERENCE BETWEEN TAKAFUL AND INSURANCE

    BRIEF DESCRIPTION IN TERM OF SHARIAH


    ALTHOUGH WE ALREADY IN THE 2022, CONVENTIONAL INSURANCE IS BASED ON
    THERE IS ALSO PEOPLE WHO STILL THE GAMBLING OR MAYSIR. THERE IS ALSO
    CANNOT BELIEVE TO TAKAFUL DUE TO AN UNCERTAINTY OR GHARAR.
    THEY EXPECT THAT CONVENTIONAL TAKAFUL IN OTHER HAND IS THE MUTUAL
    INSURANCE AND TAKAFUL IS JUST THE HELP AMONG PEOPLE WHERE PEOPLE
    SAME THING. SHARE THE FUND TO HELP OTHER PEOPLE.
    GUARANTEE TO THE FAMILY
    If something happen to the person that
    subscribe the Takaful, the family members could

    WHAT CAN get to survive in the future if the person that


    subscribe is the only one that find money for

    TAKAFUL their family.

    OFFER ONE OF THE ISLAMIC WEALTH PLANNING


    Takaful could be said as an emergency saving
    where people subscribe it every month to make
    sure that they get the live protection for the
    future.
    MALAYSIA
    based on one research, it has been showed that out of the 503
    respondents, only 378 of them are aware of Takaful and 125
    respondents do not know about Takaful. 29.8% do not know
    that Takaful is a Shari’ah compliant product. Also, 33.2, %,
    38.8%, and 37.2% do not know that Takaful is free from
    interest, uncertainty, and gambling respectively. Although,
    Takaful is being offered in Malaysia since 1984, its awareness

    DATA seems to be low.

    BAHRAIN
    Most Bahrainis are aware on basic Takaful concepts
    and they know the differences between Commercial
    insurance and Takaful. The respondents are less aware
    only when they are asked about technical terms in
    Takaful such as distribution of Takaful surplus and
    different types of Takaful models.
    FACTORS

    Lack of Education Attitude


    SOLUTION
    TEACH PEOPLE AT THE
    INCREASE MARKETING YOUNG AGE

    By marketing, Goverment maybe could


    people could be add the sillibus about
    educated by what it takaful in business subject
    is mean by Takaful. about Islamic insurance.
    CONCLUSION
    IN CONCLUSION, IT COULD BE SAID THAT PEOPLE IN
    MALAYSIA HAVE LOWER AWARENESS FOR THE TAKAFUL
    INSURANCE. BUT, THE TENDENCY FOR THIS AWARENESS
    TO INCREASE COULD BE HIGHER DUE TO MALAYSIA IS AN
    ISLAMIC COUNTRY AND IT DEPEND ON GOVERMENT AND
    THE AGENCY TO PROMOTE THE BENEFIT OF TAKAFUL TO
    THE PUBLIC.
    THANK YOU

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