Browsing by Topic Takaful

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Showing results 21 to 30 of 40
  • item.jpg
  • PhD


  • Authors: Iskandar Mirza, Azrul Azlan (2015)

  • This research aims to look into nomination practice and its issue for Takaful operators and social Takaful (Takaful Ijtima'i) from Shariah perspective. The major issue is to what extent the Takaful benefit is the estate of participants. Various practices by Takaful operators has established few perspectives on the matter. By adopting the qualitative research method specifically through content analysis, this research will begin with the review on fundamental concepts of insurance and Takaful based on the opinions of scholars from various schools of jurisprudence ... Available in physical copy only (Call Number: t HG 8051 A997)

  • Organizational_form_efficiency_The_coexistence_obiyathulla.pdf.jpg
  • Academic Proceeding


  • Authors: Ismail, Norashikin; Alhabshi, Syed Othman; Bacha, Obiyathulla Ismath (2011)

  • After 25 years in operation, it is time that takaful industry is evaluated in terms of its performance. One of the issues that has impact on efficiency is organization form. There have been two conflicting opinions on this issue. Eling & Luhnen (2010) opined that mutual form is efficient than stock form but Brockett (2005) concluded the opposite. This paper provides an empirical study on the relationship between efficiency and organizational structure for takaful operators in Malaysian dual financial system. A sample of 19 firms is chosen over the period 2004-2009. The selection of inputs and outputs are based on flow approach con...

  • organizational_form_efficiency_coexistence_family_takaful_life_insurance_malaysia_ismail_etal.pdf.jpg
  • Journal Article


  • Authors: Ismail, Norashikin; Alhabshi, Syed Othman; Bacha, Obiyathulla Ismath (2011)

  • This study analyzes the coexistence of two different organizational forms of insurance, namely Takaful and conventional insurance. We analyze the efficiency of different organizational forms in 13 countries for the period 2007-2011. Technical, allocative, cost, and revenue frontiers are estimated using data envelopment analysis. We test the expense preference hypothesis and efficient structure hypothesis. We find evidence for the efficient structure hypothesis and expense preference hypothesis in selected market segments. The results provide insight into the competitiveness of conventional and Takaful insurers from different countries.

  • risk and takaful planning.pdf.jpg
  • Book


  • Authors: Lahsasna, Ahcene (2016)

  • The internationalization of Islamic finance in Europe and other parts of the world spurns us to believe that our Shariah Registered Financial Planner (Shariah RFP) programme is relevant to meet market demands. In Malaysia, Islamic finance is growing exponentially. This new Shariah RFP text module features fully updated information to reflect the current changes in the market sphere. First written by industry leading practitioners in 2008, the work has been further enhanced to correctly reflect the exponential changes Islamic finance has undergone over the recent years as the industry has seen the introduction of many new Islamic financial products in the market place. Available in ...

  • item.jpg
  • Master


  • Authors: Migdad, Ridwan Alabi (2015)

  • Majority of Shari'ah scholars maintained the opinion that conventional insurance is not permissible in Shari'ah due to the elements of gharar "uncertainty", maysir "gambling" and riba "usury" that was found on it. This necessitated the establishment of takaful "Islamic Insurance" in the late 1970s, but this also did not go without criticisms as there are different opinions among Islamic scholars and also legal and regulatory practitioners on the permissibility of surplus sharing and Takaful models that has been adopted by takaful operators ... Available in physical copy only (Call Number: t HG 8051 M634)

  • PhD_shariah_non_compliance_risks_shared_outsourced_services_takaful_operators_Sharifah_Fairuz.pdf.jpg
  • PhD


  • Authors: Syed Mohamad, Sharifah Fairuz (2016)

  • The study investigates the Shariah non-compliant risks in shared and outsourced functions of takaful operators through content analysis and interviews from the perspective of Maqasid al-Shariah. Shared services are generally functions that are provided in-house while outsourcing refers to the functions provided by a third party or outside the company. While these arrangements have been allowed by the regulator, the requirement for takaful operators to be Shariah-compliant end to end is paramount. The study focuses on identifying whether such risks while incorporating maslahah and cost analysis to aid decision-making on such services ... Available in physical copy and downloadable f...

  • 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.

  • takaful insurance_concept_history_development_syed othman.pdf.jpg
  • Chapter in Book


  • Authors: Alhabshi, Syed Othman; Shaikh Abdul Razak, Shaikh Hamzah (2011)

  • Takaful is derived from its Arabic root word 'kafala' which literally means 'to guarantee'. In terms of usage and implication, the term kafala certainly, denotes the agreement by one party to indemnify another for any liability that has been pre-agreed upon.

  • item.jpg
  • Academic Proceeding


  • Authors: Alhabshi, Syed Othman; Shaikh Abdul Razak, Shaikh Hamzah (2009)

  • Mutual help and guarantee have been the ordinary practice of tribal Arabs even before the advent of Islam in Arabia. A similar but refined concept was reinforced by the Qur'an to be adopted by Muslims. It was widely applied in their daily lives. When the Muslims extended their trade by sea to the Far East, the concept of mutual assistance became more prominent and organised to protect their ships, merchandise and even lives from all sorts of dangers and mishaps. The practice by these merchants to put aside a sum of money before setting sail to the Far East for trade as a fund to compensate any loss incurred by any of them became the most prominent practice that led to the birth of wha...

Browsing by Topic Takaful

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 21 to 30 of 40
  • item.jpg
  • PhD


  • Authors: Iskandar Mirza, Azrul Azlan (2015)

  • This research aims to look into nomination practice and its issue for Takaful operators and social Takaful (Takaful Ijtima'i) from Shariah perspective. The major issue is to what extent the Takaful benefit is the estate of participants. Various practices by Takaful operators has established few perspectives on the matter. By adopting the qualitative research method specifically through content analysis, this research will begin with the review on fundamental concepts of insurance and Takaful based on the opinions of scholars from various schools of jurisprudence ... Available in physical copy only (Call Number: t HG 8051 A997)

  • Organizational_form_efficiency_The_coexistence_obiyathulla.pdf.jpg
  • Academic Proceeding


  • Authors: Ismail, Norashikin; Alhabshi, Syed Othman; Bacha, Obiyathulla Ismath (2011)

  • After 25 years in operation, it is time that takaful industry is evaluated in terms of its performance. One of the issues that has impact on efficiency is organization form. There have been two conflicting opinions on this issue. Eling & Luhnen (2010) opined that mutual form is efficient than stock form but Brockett (2005) concluded the opposite. This paper provides an empirical study on the relationship between efficiency and organizational structure for takaful operators in Malaysian dual financial system. A sample of 19 firms is chosen over the period 2004-2009. The selection of inputs and outputs are based on flow approach con...

  • organizational_form_efficiency_coexistence_family_takaful_life_insurance_malaysia_ismail_etal.pdf.jpg
  • Journal Article


  • Authors: Ismail, Norashikin; Alhabshi, Syed Othman; Bacha, Obiyathulla Ismath (2011)

  • This study analyzes the coexistence of two different organizational forms of insurance, namely Takaful and conventional insurance. We analyze the efficiency of different organizational forms in 13 countries for the period 2007-2011. Technical, allocative, cost, and revenue frontiers are estimated using data envelopment analysis. We test the expense preference hypothesis and efficient structure hypothesis. We find evidence for the efficient structure hypothesis and expense preference hypothesis in selected market segments. The results provide insight into the competitiveness of conventional and Takaful insurers from different countries.

  • risk and takaful planning.pdf.jpg
  • Book


  • Authors: Lahsasna, Ahcene (2016)

  • The internationalization of Islamic finance in Europe and other parts of the world spurns us to believe that our Shariah Registered Financial Planner (Shariah RFP) programme is relevant to meet market demands. In Malaysia, Islamic finance is growing exponentially. This new Shariah RFP text module features fully updated information to reflect the current changes in the market sphere. First written by industry leading practitioners in 2008, the work has been further enhanced to correctly reflect the exponential changes Islamic finance has undergone over the recent years as the industry has seen the introduction of many new Islamic financial products in the market place. Available in ...

  • item.jpg
  • Master


  • Authors: Migdad, Ridwan Alabi (2015)

  • Majority of Shari'ah scholars maintained the opinion that conventional insurance is not permissible in Shari'ah due to the elements of gharar "uncertainty", maysir "gambling" and riba "usury" that was found on it. This necessitated the establishment of takaful "Islamic Insurance" in the late 1970s, but this also did not go without criticisms as there are different opinions among Islamic scholars and also legal and regulatory practitioners on the permissibility of surplus sharing and Takaful models that has been adopted by takaful operators ... Available in physical copy only (Call Number: t HG 8051 M634)

  • PhD_shariah_non_compliance_risks_shared_outsourced_services_takaful_operators_Sharifah_Fairuz.pdf.jpg
  • PhD


  • Authors: Syed Mohamad, Sharifah Fairuz (2016)

  • The study investigates the Shariah non-compliant risks in shared and outsourced functions of takaful operators through content analysis and interviews from the perspective of Maqasid al-Shariah. Shared services are generally functions that are provided in-house while outsourcing refers to the functions provided by a third party or outside the company. While these arrangements have been allowed by the regulator, the requirement for takaful operators to be Shariah-compliant end to end is paramount. The study focuses on identifying whether such risks while incorporating maslahah and cost analysis to aid decision-making on such services ... Available in physical copy and downloadable f...

  • 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.

  • takaful insurance_concept_history_development_syed othman.pdf.jpg
  • Chapter in Book


  • Authors: Alhabshi, Syed Othman; Shaikh Abdul Razak, Shaikh Hamzah (2011)

  • Takaful is derived from its Arabic root word 'kafala' which literally means 'to guarantee'. In terms of usage and implication, the term kafala certainly, denotes the agreement by one party to indemnify another for any liability that has been pre-agreed upon.

  • item.jpg
  • Academic Proceeding


  • Authors: Alhabshi, Syed Othman; Shaikh Abdul Razak, Shaikh Hamzah (2009)

  • Mutual help and guarantee have been the ordinary practice of tribal Arabs even before the advent of Islam in Arabia. A similar but refined concept was reinforced by the Qur'an to be adopted by Muslims. It was widely applied in their daily lives. When the Muslims extended their trade by sea to the Far East, the concept of mutual assistance became more prominent and organised to protect their ships, merchandise and even lives from all sorts of dangers and mishaps. The practice by these merchants to put aside a sum of money before setting sail to the Far East for trade as a fund to compensate any loss incurred by any of them became the most prominent practice that led to the birth of wha...