Determine the Factors Influencing the Investorsâ€™ Participation to Adopt Takaful in Turkey

Emine Ebru Aksoy; Ayse Yildiz

Determine the Factors Influencing the Investors’ Participation to Adopt Takaful in Turkey

Emine Ebru Aksoy *

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Ayse Yildiz

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Determine the Factors Influencing the Investors’ Participation to Adopt Takaful in Turkey

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Abstract

In Muslim countries such as Turkey, it can be seen a rapid trend towards the Islamic financial instruments. The takaful system is alsosuch an instrument developed against the conventional insurance system and becoming widespread in Muslim countries. Therefore, this study aims to determine what the effective factors in people’s participation in the takaful system in Turkey and have some implications for the increase in participation. In order achieve this goal, evaluations were carried out on a sample of 422 responders whose age were 18 and over and having salary. The responders were asked to respond about their socio-demographic characteristics such as gender, age, education level and their risk profiles. In addition, in order to reveal opinions of responders about the conventional and takaful system, self-administered survey questionnaire including 30 items based on five-point Likert scale were developed with reviewed literature studies and considering Turkish case.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Emine Ebru Aksoy, Ayse Yildiz. 2020. "Determine the Factors Influencing the Investors’ Participation to Adopt Takaful in Turkey". Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 20 (GJMBR Volume 20 Issue B12).

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GJMBR Volume 20 Issue B12

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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Classification

GJMBR-B Classification JEL Code: A10

Submission ReceivedNovember 7, 2020
Peer Review Double Blind
Handling Editor
Accepted November 30, 2020
Published December 15, 2020

Version of record

v1.2

Issue date

December 17, 2020

Language

English

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