Abstract

While there has been increasing research interest in the Islamic estate planning areas, few studies have yielded detailed insights into the views and factors which motivate consumer in patronising wasiyyah. The qualitative research describes in this paper aimed to explore the views of Malaysian Muslims towards wasiyyah and to identify the reason that motivate Muslims in writing wasiyyah services in Malaysia. The study was framed by using the Self-Determination Theory (SDT) approach. This enabled us to examine the factors of motivation in two ways: intrinsic motivation and extrinsic motivation. The research participants for the current study were recruited on the basis of a consumer who has made wasiyyah in any institutions in Malaysia. Data analysis was undertaken using a framework approach and was informed by SDT. Consumers’ intrinsic motivation has been identified into three items: interest, religion, and family. Meanwhile, consumers’ extrinsic motivation also come out with three items: future rewards, awareness, and financial management. All these factors are the main thing that should be focused among marketers to come out with better strategies to increase more Muslims in writing wasiyyah as well as to avoid rising inward in frozen assets. Therefore, more research is required to examine how to raise awareness of Malaysian Muslims on the importance of wasiyyah.

Highlights

  • Wasiyyah in Malaysia is under the management of Islamic estate planning

  • Document Analysis Amanah Raya Berhad (ARB) is a corporate company owned by the Malaysian government

  • The findings of this study serve as a basis of the motivation factors that influence consumers in patronizing wasiyyah services

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Summary

Introduction

Wasiyyah in Malaysia is under the management of Islamic estate planning. The industry of Islamic estate planning has shown a growing trend in Malaysia, and more players are looking to enter into this industry (Alma‟amun, 2010). Few Malaysian Muslims has planned their estate, they do not necessarily follow and recognize the procedures (Abd Wahab, Hashim, & Abd Ghani, 2019; Abdul Rahman, 2007; Bouteraa, 2019a; Hassan & Yusop, 2006; Muhamad, 2007; Mursidi & Khairi, 2019). In support of this statement, Ismail (2016) mentioned that the estate planning among Malaysian Muslims is still low because they do not know the functions of institutions that are related to the management of estate planning, especially in will-writing services

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