Shariah non-compliance risks in shared and outsourced services of takaful operators with insights from maqasid al-Shariah
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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 ...
Takaful , Risk sharing , Risk management
Syed Mohamad, S. F. (2016). Shariah non-compliance risks in shared and outsourced services of takaful operators with insights from maqasid al-Shariah (Doctoral dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/2388