Maliki Islamic Economics Journal
Vol 4, No 2 (2024): Maliki Islamic Economics Journal

Analysis of Factors Influencing Public Preference for Waqf Products in Islamic Insurance: Evidence in Tasikmalaya City

Rizal, Annas Syams (Unknown)
Yahuza, Bello Sani (Unknown)
Lahuri, Setiawan Bin (Unknown)
Muqorobin, Ahmad (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

This study assesses public interest in waqf insurance within Indonesia's Islamic life insurance sector, utilizing the Analytic Network Process (ANP) to evaluate awareness, trust, and perceptions. Qualitative data from interviews and document analysis supplement the ANP findings, offering a comprehensive understanding of public views. The study emphasizes the importance of innovative marketing strategies in promoting waqf insurance products, revealing that limited public awareness and understanding highlight the need for educational initiatives and targeted marketing. Trust and credibility also play a significant role in consumer decision-making in this niche market. The study suggests that improving public understanding, enhancing accessibility, and fostering trust through regulatory transparency are crucial for increasing participation in waqf insurance. Future study should focus on educational campaigns, transparent communication to build trust, and raise awareness of waqf insurance benefits.

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Journal Info

Abbrev

m-iecjournal

Publisher

Subject

Religion Economics, Econometrics & Finance Social Sciences

Description

Maliki Islamic Economics Journal (M-IEC Journal) is presented to promote Islamic economics and finance knowledge to the world. Its establishment is aimed at being a scholarly journal with an international reputation. It is intended as a credible place for academicians and researchers across the ...