Cost-effective Analysis of Drone for Disaster Victim Identification (DVI): Islamic Insurance Perspectives
DOI:
https://doi.org/10.21834/ebpj.v7i21.3749Keywords:
Drone, Islamic Insurance, Takaful, DisasterAbstract
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.
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Copyright (c) 2022 Amirul Afif Muhamat, Nurul Syifaa Mohd Shakil, Suzana Sulaiman, Ronald McIver
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