Factor influencing the intention to purchase shariah-based Private Retirement Scheme (PRS) among air transportation employees in Alor Setar

Shariah-based Private Retirement Scheme (PRS) is not a new asset in Malaysia. Established since 2012 as voluntary retirement scheme in assisting the existing mandatory Employment Provident Fund (EPF) should be an eye-catching factor for the private sector employee to save and invest with shariah-bas...

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Main Author: Ummi Syafiqah, Nor Azman
Format: Thesis
Language:eng
eng
eng
Published: 2020
Subjects:
Online Access:https://etd.uum.edu.my/10038/1/s823629_01.pdf
https://etd.uum.edu.my/10038/2/s823629_02.pdf
https://etd.uum.edu.my/10038/3/s823629_references.docx
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spelling my-uum-etd.100382024-03-19T00:48:05Z Factor influencing the intention to purchase shariah-based Private Retirement Scheme (PRS) among air transportation employees in Alor Setar 2020 Ummi Syafiqah, Nor Azman Ahmad Musadik, Siti Hajar Salwa Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business BP174 The practice of Islam HF5549-5549.5 Personnel Management. Employment HG Finance Shariah-based Private Retirement Scheme (PRS) is not a new asset in Malaysia. Established since 2012 as voluntary retirement scheme in assisting the existing mandatory Employment Provident Fund (EPF) should be an eye-catching factor for the private sector employee to save and invest with shariah-based PRS as an extra protection approaching their retirement phase. But somehow, the numbers of members investing in shariah-based PRS still lack behind compared to the conventional PRS members though it continuously in collecting the returns for their members through Islamic investment. By using 130 respondents from air transportational sector at Lapangan Terbang Sultan Abdul Halim (LTSAH) Kedah and employing quantitative approach. This study suggests that religiosity, Islamic financial literacy, propensity to plan and rate of return significantly influence the intention to purchase shariah-based PRS. However, there are a few recommendations proposed to improve the shariah-based PRS such as improving the technic in promoting shariah-based PRS, enhancing the knowledge of Islamic finance among the providers and many others. 2020 Thesis https://etd.uum.edu.my/10038/ https://etd.uum.edu.my/10038/1/s823629_01.pdf text eng public https://etd.uum.edu.my/10038/2/s823629_02.pdf text eng public https://etd.uum.edu.my/10038/3/s823629_references.docx text eng public other masters Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
eng
advisor Ahmad Musadik, Siti Hajar Salwa
topic BP174 The practice of Islam
BP174 The practice of Islam
HG Finance
spellingShingle BP174 The practice of Islam
BP174 The practice of Islam
HG Finance
Ummi Syafiqah, Nor Azman
Factor influencing the intention to purchase shariah-based Private Retirement Scheme (PRS) among air transportation employees in Alor Setar
description Shariah-based Private Retirement Scheme (PRS) is not a new asset in Malaysia. Established since 2012 as voluntary retirement scheme in assisting the existing mandatory Employment Provident Fund (EPF) should be an eye-catching factor for the private sector employee to save and invest with shariah-based PRS as an extra protection approaching their retirement phase. But somehow, the numbers of members investing in shariah-based PRS still lack behind compared to the conventional PRS members though it continuously in collecting the returns for their members through Islamic investment. By using 130 respondents from air transportational sector at Lapangan Terbang Sultan Abdul Halim (LTSAH) Kedah and employing quantitative approach. This study suggests that religiosity, Islamic financial literacy, propensity to plan and rate of return significantly influence the intention to purchase shariah-based PRS. However, there are a few recommendations proposed to improve the shariah-based PRS such as improving the technic in promoting shariah-based PRS, enhancing the knowledge of Islamic finance among the providers and many others.
format Thesis
qualification_name other
qualification_level Master's degree
author Ummi Syafiqah, Nor Azman
author_facet Ummi Syafiqah, Nor Azman
author_sort Ummi Syafiqah, Nor Azman
title Factor influencing the intention to purchase shariah-based Private Retirement Scheme (PRS) among air transportation employees in Alor Setar
title_short Factor influencing the intention to purchase shariah-based Private Retirement Scheme (PRS) among air transportation employees in Alor Setar
title_full Factor influencing the intention to purchase shariah-based Private Retirement Scheme (PRS) among air transportation employees in Alor Setar
title_fullStr Factor influencing the intention to purchase shariah-based Private Retirement Scheme (PRS) among air transportation employees in Alor Setar
title_full_unstemmed Factor influencing the intention to purchase shariah-based Private Retirement Scheme (PRS) among air transportation employees in Alor Setar
title_sort factor influencing the intention to purchase shariah-based private retirement scheme (prs) among air transportation employees in alor setar
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2020
url https://etd.uum.edu.my/10038/1/s823629_01.pdf
https://etd.uum.edu.my/10038/2/s823629_02.pdf
https://etd.uum.edu.my/10038/3/s823629_references.docx
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