Ezamshah Ismail
Qualification:Masters in Actuarial Science, North Eastern University, USA; LLM in Business Law, International Islamic University Malaysia; Certificate in Syariah Law, International Islamic University Malaysia;
Fields/Area of Specialization:Takaful and Risk Management
Ezamshah Ismail holds a Masters Degree in Actuarial Science from North Eastern University, Boston and is an Associate of the Society of Actuaries of USA. He has wide experiences in the Insurance and Takaful Industry. He was also former director of several other institutions namely Malaysian Institute of Insurance and the Financial Mediation (formerly known as Insurance Mediation) Bureau. Ezamshah was the former President of Life Insurance Association of Malaysia (LIAM). Prior to joining INCEIF, he served as CEO of Hong Leong Tokio Marine Takaful Bhd., CEO/Director of Commerce Life Assurance Berhad, and the Managing Principal and director of William Mercer of Kuala Lumpur.

Content Distribution

ABSTRACTS VIEWS

1328

VIEWS & DOWNLOAD

363

Top Country : Malaysia

Showing results 1 to 14 of 14
  • building_critical_awareness_opportunities_Islamic_finance_ezamshah.pdf.jpg
  • Academic Presentation


  • Authors: Ismail, Ezamshah (2015)

  • Risk is a major component of our environment; human beings are surrounded by innumerable risks from birth to death; humans learned to improve after experiencing misfortunes; quest for security evolved since the dawn of man’s existence. In Islamic jurisprudence, the legal maxim “al-ghorm bil ghonm“ or “no reward without risk“ holds true.

  • development_of_the_takaful_industry_in_malaysia.pdf.jpg
  • Chapter in Book


  • Authors: Ismail, Ezamshah (2017)

  • Although the takaful industry in Malaysia, as seen today, may be deemed to have attained its major features only from 1984 onwards, the industry has a longer history which dates back to the 1970s (excluding the time insurance was already distinguishable in the country). Over this period, certain important political, economic, and social developments that took place must be taken into account ... Available in physical copy only (Call Number: HG 3368 A6 I82Mo)

  • exploring_family_takafuls_evolving_landscape_ezamshah_lahsasna_july_2010.pdf.jpg
  • Industry Article


  • Authors: Lahsasna, Ahcene; Ismail, Ezamshah (2010-07-01)

  • As the appetite for family takaful grows, its underwriting principles and conventions are facing closer scrutiny. Mr Ezamshah Ismail and Dr Ahcene Lahsasna, both council members of the Shariah Advisory Council of the RGA Global Reinsurance Co Ltd Labuan Branch Retakaful Window, examine family takaful’s strengths, and how it can serve its core market while continuing to evolve to serve a broader constituency.

  • studies_Islamic_finance_ezamshah.pdf.jpg
  • Academic Presentation


  • Authors: Ismail, Ezamshah (2013)

  • The basic five rules of Islamic finance are: no riba, superior clarity, backed by real assets, risk sharing propositions, and nor haram activities.

  • Takaful_Malaysia_need_balancing_act_ezamshah.pdf.jpg
  • Industry Article


  • Authors: Ismail, Ezamshah (2017)

  • The general and family takaful sectors in Malaysia have showed positive growth. Based on the Malaysian Takaful Association (MTA) 2017 figures, the total combined assets of the industry has risen to MYR26.9 billion in 2016. Family takaful penetration declined slightly to 14.6% in 2016 compared to 14.71% in 2015.

  • IF_Hub_Issue_3_Takaful_is_not_disruptive_enough_Ezamshah.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ismail, Ezamshah (2017)

  • The development of the Takaful industry in Malaysia has been encouraged by three main factors. First, the Malaysian Muslim population of more than 60% of the country's population cannot be ignored. Statistics have shown that the Muslims in Malaysia now have greater affluence and are educated; and have developed greater skills. The per capita income of the Malays has grown from 60% of the average per capita income in Malaysia in 1970 to 80% of the average per capita in 2000, attributed mainly to the implementation of the New Economic Policy (NEP) which was designed to eradicate poverty and restructure society, put in place in 1971. Takaful is necessary for Muslims as a replacement for ...

  • takaful_realities_and_challenges.pdf.jpg
  • Book


  • Authors: Alhabshi, Syed Othman; Sharif, Kamaruddin; Shaikh Abdul Razak, Shaikh Hamzah; Ismail, Ezamshah (2012)

  • This book discusses risk, risk management and the operational aspects of the two broadly classes of takaful products namely, general and family takaful. In this book, the authors have also explained the various functions involved in typical takaful operations including the process of underwriting, claims, marketing, investment and retakaful while at the same time, bringing in the Shari'ah elements in all of these functions. The authors believe that while takaful and conventional insurance possess many similarities, their contracts are somewhat different.

  • takaful_great_potential_nigeria_ezamshah.pdf.jpg
  • Industry Article


  • Authors: Ismail, Ezamshah (2015)

  • The article considers the potential of takaful to become a strong segment of the Nigerian insurance market. Topics discussed include the growth of the Nigerian economy in 2015, the emerging opportunities in the country's life insurance market, and the inclusion of microtakaful the could increase financial access and inclusion among lower-income Nigerians.

  • need_shariah_talent_Islamic_finance_ezamshah.pdf.jpg
  • Academic Presentation


  • Authors: Ismail, Ezamshah (2014)

  • The presentation is to engage in critical discussions on strategies and challenges faced by takaful industry leaders to boost the growth and profitability in the international Takaful market.

  • the takaful industry_past present and future.pdf.jpg
  • Chapter in Book


  • Authors: Ismail, Ezamshah (2012)

  • This concluding chapter has examined the three phases of the development continuum of takaful, namely, the past, the present and the future. In the first section, the discussion evolved from the historical perspective relating the concept al-aqilah to that of present-day takaful. The present phase dwelled on the various issues and challenges facing the takaful industry. Issues affecting the participats, operators, regulators, and other related parties are brought forth for discussion, together with suggestions and guidelines to improve the present situations. The chapter ends with the proposal of a takaful model that could be adopted to address some of the issues and challenges faced ...

  • TK2002_takaful actuarial practices.pdf.jpg
  • Book


  • Authors: Ismail, Ezamshah (2011)

  • This guide provides an understanding of the meaning of risk and the various categories of risk, explaining how takaful had developed and concept of takaful based on risk sharing amongst the participants.

  • zakah_salary_EPF_issues_challenges_magda_ahcene_ezamshah.pdf.jpg
  • Journal Article


  • Authors: Ismail Abdel Mohsin, Magda; Lahsasna, Ahcene; Ismail, Ezamshah (2011)

  • The beginning of the 1980's witness a new approach of collecting zakah on monthly bases in some of the Muslim countries such as Sudan, Pakistan and Malaysia. At first, this creates an ambiguous situation amongst Muslim scholars as to its legitimacy, since the payment of zakah is known to be given on annual bases and once it reaches the nisab (the minimum assigned). Recently, a consensus has been given amongst contemporary Muslim scholars that it is lawful to pay the zakah on monthly basis. Malaysia is one of the countries that start implementing zakah deduction on monthly basis through participating in a scheme called the Salary Deduction Scheme. This raises the question on some of th...

 Ezamshah Ismail
author picture
Qualification: Masters in Actuarial Science, North Eastern University, USA; LLM in Business Law, International Islamic University Malaysia; Certificate in Syariah Law, International Islamic University Malaysia;
Fields/Area of Specialization: Takaful and Risk Management
Ezamshah Ismail holds a Masters Degree in Actuarial Science from North Eastern University, Boston and is an Associate of the Society of Actuaries of USA. He has wide experiences in the Insurance and Takaful Industry. He was also former director of several other institutions namely Malaysian Institute of Insurance and the Financial Mediation (formerly known as Insurance Mediation) Bureau. Ezamshah was the former President of Life Insurance Association of Malaysia (LIAM). Prior to joining INCEIF, he served as CEO of Hong Leong Tokio Marine Takaful Bhd., CEO/Director of Commerce Life Assurance Berhad, and the Managing Principal and director of William Mercer of Kuala Lumpur.
Showing results 1 to 14 of 14
  • building_critical_awareness_opportunities_Islamic_finance_ezamshah.pdf.jpg
  • Academic Presentation


  • Authors: Ismail, Ezamshah (2015)

  • Risk is a major component of our environment; human beings are surrounded by innumerable risks from birth to death; humans learned to improve after experiencing misfortunes; quest for security evolved since the dawn of man’s existence. In Islamic jurisprudence, the legal maxim “al-ghorm bil ghonm“ or “no reward without risk“ holds true.

  • development_of_the_takaful_industry_in_malaysia.pdf.jpg
  • Chapter in Book


  • Authors: Ismail, Ezamshah (2017)

  • Although the takaful industry in Malaysia, as seen today, may be deemed to have attained its major features only from 1984 onwards, the industry has a longer history which dates back to the 1970s (excluding the time insurance was already distinguishable in the country). Over this period, certain important political, economic, and social developments that took place must be taken into account ... Available in physical copy only (Call Number: HG 3368 A6 I82Mo)

  • exploring_family_takafuls_evolving_landscape_ezamshah_lahsasna_july_2010.pdf.jpg
  • Industry Article


  • Authors: Lahsasna, Ahcene; Ismail, Ezamshah (2010-07-01)

  • As the appetite for family takaful grows, its underwriting principles and conventions are facing closer scrutiny. Mr Ezamshah Ismail and Dr Ahcene Lahsasna, both council members of the Shariah Advisory Council of the RGA Global Reinsurance Co Ltd Labuan Branch Retakaful Window, examine family takaful’s strengths, and how it can serve its core market while continuing to evolve to serve a broader constituency.

  • studies_Islamic_finance_ezamshah.pdf.jpg
  • Academic Presentation


  • Authors: Ismail, Ezamshah (2013)

  • The basic five rules of Islamic finance are: no riba, superior clarity, backed by real assets, risk sharing propositions, and nor haram activities.

  • Takaful_Malaysia_need_balancing_act_ezamshah.pdf.jpg
  • Industry Article


  • Authors: Ismail, Ezamshah (2017)

  • The general and family takaful sectors in Malaysia have showed positive growth. Based on the Malaysian Takaful Association (MTA) 2017 figures, the total combined assets of the industry has risen to MYR26.9 billion in 2016. Family takaful penetration declined slightly to 14.6% in 2016 compared to 14.71% in 2015.

  • IF_Hub_Issue_3_Takaful_is_not_disruptive_enough_Ezamshah.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ismail, Ezamshah (2017)

  • The development of the Takaful industry in Malaysia has been encouraged by three main factors. First, the Malaysian Muslim population of more than 60% of the country's population cannot be ignored. Statistics have shown that the Muslims in Malaysia now have greater affluence and are educated; and have developed greater skills. The per capita income of the Malays has grown from 60% of the average per capita income in Malaysia in 1970 to 80% of the average per capita in 2000, attributed mainly to the implementation of the New Economic Policy (NEP) which was designed to eradicate poverty and restructure society, put in place in 1971. Takaful is necessary for Muslims as a replacement for ...

  • takaful_realities_and_challenges.pdf.jpg
  • Book


  • Authors: Alhabshi, Syed Othman; Sharif, Kamaruddin; Shaikh Abdul Razak, Shaikh Hamzah; Ismail, Ezamshah (2012)

  • This book discusses risk, risk management and the operational aspects of the two broadly classes of takaful products namely, general and family takaful. In this book, the authors have also explained the various functions involved in typical takaful operations including the process of underwriting, claims, marketing, investment and retakaful while at the same time, bringing in the Shari'ah elements in all of these functions. The authors believe that while takaful and conventional insurance possess many similarities, their contracts are somewhat different.

  • takaful_great_potential_nigeria_ezamshah.pdf.jpg
  • Industry Article


  • Authors: Ismail, Ezamshah (2015)

  • The article considers the potential of takaful to become a strong segment of the Nigerian insurance market. Topics discussed include the growth of the Nigerian economy in 2015, the emerging opportunities in the country's life insurance market, and the inclusion of microtakaful the could increase financial access and inclusion among lower-income Nigerians.

  • need_shariah_talent_Islamic_finance_ezamshah.pdf.jpg
  • Academic Presentation


  • Authors: Ismail, Ezamshah (2014)

  • The presentation is to engage in critical discussions on strategies and challenges faced by takaful industry leaders to boost the growth and profitability in the international Takaful market.

  • the takaful industry_past present and future.pdf.jpg
  • Chapter in Book


  • Authors: Ismail, Ezamshah (2012)

  • This concluding chapter has examined the three phases of the development continuum of takaful, namely, the past, the present and the future. In the first section, the discussion evolved from the historical perspective relating the concept al-aqilah to that of present-day takaful. The present phase dwelled on the various issues and challenges facing the takaful industry. Issues affecting the participats, operators, regulators, and other related parties are brought forth for discussion, together with suggestions and guidelines to improve the present situations. The chapter ends with the proposal of a takaful model that could be adopted to address some of the issues and challenges faced ...

  • TK2002_takaful actuarial practices.pdf.jpg
  • Book


  • Authors: Ismail, Ezamshah (2011)

  • This guide provides an understanding of the meaning of risk and the various categories of risk, explaining how takaful had developed and concept of takaful based on risk sharing amongst the participants.

  • zakah_salary_EPF_issues_challenges_magda_ahcene_ezamshah.pdf.jpg
  • Journal Article


  • Authors: Ismail Abdel Mohsin, Magda; Lahsasna, Ahcene; Ismail, Ezamshah (2011)

  • The beginning of the 1980's witness a new approach of collecting zakah on monthly bases in some of the Muslim countries such as Sudan, Pakistan and Malaysia. At first, this creates an ambiguous situation amongst Muslim scholars as to its legitimacy, since the payment of zakah is known to be given on annual bases and once it reaches the nisab (the minimum assigned). Recently, a consensus has been given amongst contemporary Muslim scholars that it is lawful to pay the zakah on monthly basis. Malaysia is one of the countries that start implementing zakah deduction on monthly basis through participating in a scheme called the Salary Deduction Scheme. This raises the question on some of th...