The Muamalat Newsletter Vol. 2 2024

FEM eNewsletter | December 2024 56 References Alhabshi, S.O., Sharif, K., Abdul Razak, S.H and Ismail, E. (2012). Takaful Realities & Challenges. International Centre for Educa- tion in Islamic Finance (INCEIF), The Global University of Islamic Finance. Pearson Malaysia Sdn Bhd. Ali, M., S.A. Raza, C.-H. Puah, and M.S. Mubarik. (2022). Customer acceptance toward Islamic personal financing in Pakistan. Journal of Financial Services Marketing. https://doi.org/10.1057/s41264-022-00149-w. Ali, S. (2023 September 26). Assistant Governor’s Keynote Address at Takaful Rendezvous 2023. https://www.bnm.gov.my/-/ agsa-spch-tr23 Abdelghani, E., Lukman, A.O. and Dhekra, A. (2014). Islamic insurance prospects in Tunisia in the wake of the jasmine revolu- tion: a survey from customers’ perspective. Journal of Islamic Accounting and Business Research, 5(1), 15-28. Abdul Wahab, A.R., Lewis, M.K. and Hassan, M.K. (2007). Islamic Takaful: business models, shariah concerns, and proposed solutions. 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Global Takaful Market to Reach USD 75.3 Billion by 2033, Propelled by Growing Awareness Among Consumers About the Importance of Insurance. https://www.imarcgroup.com/global-takaful-market Krejcie, R. V., & Morgan, D. W. (1970). Determining sample size for research activities. Educational and Psychological Mea- surement. 30, 607-610. Maduku, D.K., and Mbeya, S. (2023). Understanding family takaful purchase behavior: the roles of religious obligation and gender. Journal of Finance Services Marketing. https://doi.org/10.1057/s41264-023-00213-z Maryam, S.Z., M.S. Mehmood, and C.A. Khaliq. (2019). Factors influencing the community behavioral intention for adoption of Islamic banking: Evidence from Pakistan. International Journal of Islamic and Middle Eastern Finance and Manage- ment 12 (4), 586–600. https://doi.org/10.1108/IMEFM-07-2017-0179. Md Husin, M. & Ab Rahman, A. (2016). Do Muslims intend to participate in Islamic insurance?: analysis from the theory of planned behavior. 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Robinson, J. (2010). Triandis’ theory of interpersonal behaviour in understanding software piracy behaviour in the South Afri- can context. Doctor of Philosophy Dissertation, Faculty of Humanities, University of Witwatersrand, Johannesburg, South Africa, available at: http://wiredspace.wits.ac.za/jspui/bitstream/10539/8377/1/J_Robinson_MA_Abstract.pdf Sadiq. A. (2023 May). Are the stars starting to align for takaful?. https://www.meinsurancereview.com/Magazine/ReadMag- azineArticle/aid/46315/Are-the-stars-starting-to-align-for-takaful- Selvanathan, M., D. Nadarajan, A.F.M. Zamri, S. Suppramaniam, and A.M. Muhammad. (2018). An exploratory study on cus- tomers’ selection in choosing Islamic banking. International Business Research, 11 (5), 42–49. https://doi.org/10.5539/ ibr.v11n5p42. Furthermore, this study outlines two practical contributions. Firstly, it provides crucial evidence to help takaful operators better understand the willingness process, especially in promoting young adults to participate in motor takaful in Malaysia. Secondly, the study identifies four key potential factors for takaful providers to focus on: knowledge, religious responsibility, and emotional aspects. Incorporating these elements is essential for increasing motor takaful subscriptions and enhancing demand and acceptability among young adults in Malaysia.