Unclaimed Assets Awareness among Muslims in Kelantan: Demographic Evidences

Authors

  • Zatul Karamah Ahmad Baharul Ulum Department of Management, Faculty of Management and Information Technology, Universiti Sultan Azlan Shah, Bukit Chandan, 33000 Kuala Kangsar, Perak, Malaysia
  • Mohd Fadzlul Karim Mohamad Naser Department of Management, Faculty of Management and Information Technology, Universiti Sultan Azlan Shah, Bukit Chandan, 33000 Kuala Kangsar, Perak, Malaysia
  • Mohd Khairul Ariffin Mohd Zahari Department of Management, Faculty of Management and Information Technology, Universiti Sultan Azlan Shah, Bukit Chandan, 33000 Kuala Kangsar, Perak, Malaysia
  • Mazian Syahirah Athirah Mohd Ramli Department of Management, Faculty of Management and Information Technology, Universiti Sultan Azlan Shah, Bukit Chandan, 33000 Kuala Kangsar, Perak, Malaysia
  • Mimi Amirrah Amran Department of Management, Faculty of Management and Information Technology, Universiti Sultan Azlan Shah, Bukit Chandan, 33000 Kuala Kangsar, Perak, Malaysia

Keywords:

Unclaimed Assets, Islamic Law of Inheritance

Abstract

The distribution of a deceased person’s assets is part of the Faraid system according to the Islamic
Law of Inheritance. Nonetheless, due to family conflicts, poor estate management process, low level of inheritance
law understanding, and bureaucracy, the scenario of supposedly to provide financial freedoms to the beneficiaries
are hindered and these led to the increase amount of unclaimed assets in the country. Therefore to unravel this issue,
the aim of the study is to test the influence of demographic factors on unclaimed asset awareness in accordance to
the Islamic Law of Inheritance amongst the Muslim communities living in the state of Kelantan, Malaysia. Based on
the multiple regression analysis, five hypotheses have been tested on demographic factors namely Age, Gender,
Education, Income and Status. Results gathered from 90 respondents showed that only Income and Status
have significant relationship with the dependent variable

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Published

2017-12-31

How to Cite

Ahmad Baharul Ulum, Z. K., Mohamad Naser, M. F. K., Mohd Zahari, M. K. A., Mohd Ramli, M. S. A., & Amran, M. A. (2017). Unclaimed Assets Awareness among Muslims in Kelantan: Demographic Evidences. Al-Qimah Al-Mudhafah, 3(1). Retrieved from http://jurnal.usas.edu.my/alqimah/index.php/journal/article/view/18

Issue

Vol. 3 No. 1 (2017): Al Qimah Al Mudhafah

Section

Articles