Cost-effective Analysis of Drone for Disaster Victim Identification (DVI): Islamic Insurance Perspectives
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Published:2022-09-30
Issue:21
Volume:7
Page:35-40
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ISSN:2398-4287
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Container-title:Environment-Behaviour Proceedings Journal
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language:
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Short-container-title:E-BPJ
Author:
Muhamat Amirul Afif,Mohd Shakil Nurul Syifaa,Sulaiman Suzana,McIver Ronald
Abstract
Islamic insurance(takaful) companies use cutting-edge technology to serve their customers better. Drone adoption in the sector has been intermittent, with certain regions of the globe making more use of this technology than others. The process of identifying corpses (often in large numbers) after a catastrophe is known as disaster victim identification. This study provides preliminary results based on cost-effectiveness analysis, net present value and internal rate of return to assess the cost impact of potential drone adoption. The two most essential opportunity costs to consider are time and money.
Keywords: drone; Islamic insurance; takaful; disaster
eISSN: 2398-4287 © 2022. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open-access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under the responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians/Africans/Arabians), and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.
DOI: https://doi.org/10.21834/ebpj.v7i21.3749
Subject
General Earth and Planetary Sciences,Water Science and Technology,Geography, Planning and Development