
Browse by Author "Nurul Aini Muhamed"
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- ItemTakaful ta?awuni agro: strengthening agricultural resilience through inclusive and sustainable protection among paddy farmers in MalaysiaSyahnaz Sulaiman; Nur Salsabila Adam Malik; Jasmin Arif Shah; Nurul Aini Muhamed; Amir Shaharuddin; Khairil Faizal Khairi; Hussein 'Azeemi Abdulah Thaidi (ISRA Institute, 2025)
Agricultural takaful has been introduced as a Shari'ah-compliant risk-sharing mechanism to support smallholder farmers in managing production and climate-related risks. This study explores the potential of integrating Islamic social finance (ISF) instruments into an agricultural takaful model to enhance agricultural resilience and agrifood system security among paddy farmers in Malaysia. A mixed-methods approach was employed, combining a structured survey of 385 paddy farmers from three major granary states in Malaysia, notably Kedah, Kelantan, and Selangor, with in-depth interviews involving takaful operators, agricultural agencies, and Islamic finance institutions (IFIs). The survey captured farmers� demographic profiles, willingness to participate and contribute to agricultural takaful, and their exposure to ISF instruments, while qualitative interviews provided complementary insights into challenges and opportunities for integrating takaful with ISF. he findings indicate that the paddy farmers have the intention to participate and contribute to agricultural takaful that predominantly influenced their attitudes and perceived behavioural control. However, affordability, awareness, and Shari'ah compliance issues remain barriers for their participation. Financial support through zakat and waqf has the potential to enhance acceptance, while pricing remains a critical determinant for uptake. Qualitative evidence further highlights the need for a model that extends beyond risk protection to reflect ethical, inclusive, and sustainability principles. This study contributes novel insights through the proposed takaful ta?awuni agro framework, which integrates takaful with zakat and waqf under a unified model of ta?awun (mutual cooperation). Ta?awun is positioned here as a broader guiding value for ISF, enabling collective responsibility, inclusivity, and community resilience. This study is limited by its cross-sectional design and focus on selected granary regions in Malaysia. Future research should apply long-term and pilot-based approaches to empirically test the operationalisation and performance of integrated takaful-ISF models across different agricultural and country contexts. The proposed takaful ta?awuni agro framework brings the spirit of ta?awuni into practice by aligning agricultural takaful with the Value-Based Intermediation Takaful (VBIT) agenda to provide a Shari'ah-compliant and inclusive risk-sharing solution for vulnerable farmers. The model demonstrates how ta?awun and VBIT can be applied beyond agriculture to strengthen financial resilience and social protection across other vulnerable sectors of the economy.
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