Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia

Takaful and insurance have been compared long ago by many scholars around the world. Prior literatures of Takaful are mainly focusing on the concept and theoretical nature of takaful and its differences from insurance. Malaysian Takaful industry has been given flexibility in terms of the operational...

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Main Authors: Htay, Sheila Nu Nu, Zaharin, Hanna Rabittah
Format: Conference or Workshop Item
Language:English
Published: 2011
Subjects:
Online Access:http://irep.iium.edu.my/2280/
http://irep.iium.edu.my/2280/1/Critical_analysis_on_the_choice_of_Takaful_%28Islamic_Insurance%29_Operating_Models_in_Malaysia_05_Sept_2011.docx.pdf
id iium-2280
recordtype eprints
spelling iium-22802011-12-08T02:56:56Z http://irep.iium.edu.my/2280/ Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia Htay, Sheila Nu Nu Zaharin, Hanna Rabittah HG1501 Banking Takaful and insurance have been compared long ago by many scholars around the world. Prior literatures of Takaful are mainly focusing on the concept and theoretical nature of takaful and its differences from insurance. Malaysian Takaful industry has been given flexibility in terms of the operational models adopted and to the researchers’ knowledge; no research has been conducted in Malaysia regarding the choice of Takaful operational models by Takaful operators. It is important to study the motives behind choosing among different Takaful models since different models have different impacts on the surplus distribution of Takaful funds, especially for Family Takaful funds. Therefore, this research is conducted to examine on reasons behind choosing Takaful models and to propose the most suitable model to be adopted by Takaful operators to be fair and equitable for both Takaful operators and participants. 2011-06-09 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/2280/1/Critical_analysis_on_the_choice_of_Takaful_%28Islamic_Insurance%29_Operating_Models_in_Malaysia_05_Sept_2011.docx.pdf Htay, Sheila Nu Nu and Zaharin, Hanna Rabittah (2011) Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia. In: Global Economics, Finance and Management Conference, 9-10 June 2011, Intercontinental Toronto Centre, Toronto, Canada. (Unpublished)
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG1501 Banking
spellingShingle HG1501 Banking
Htay, Sheila Nu Nu
Zaharin, Hanna Rabittah
Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia
description Takaful and insurance have been compared long ago by many scholars around the world. Prior literatures of Takaful are mainly focusing on the concept and theoretical nature of takaful and its differences from insurance. Malaysian Takaful industry has been given flexibility in terms of the operational models adopted and to the researchers’ knowledge; no research has been conducted in Malaysia regarding the choice of Takaful operational models by Takaful operators. It is important to study the motives behind choosing among different Takaful models since different models have different impacts on the surplus distribution of Takaful funds, especially for Family Takaful funds. Therefore, this research is conducted to examine on reasons behind choosing Takaful models and to propose the most suitable model to be adopted by Takaful operators to be fair and equitable for both Takaful operators and participants.
format Conference or Workshop Item
author Htay, Sheila Nu Nu
Zaharin, Hanna Rabittah
author_facet Htay, Sheila Nu Nu
Zaharin, Hanna Rabittah
author_sort Htay, Sheila Nu Nu
title Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia
title_short Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia
title_full Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia
title_fullStr Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia
title_full_unstemmed Critical analysis on the choice of Takaful (Islamic insurance) operating models in Malaysia
title_sort critical analysis on the choice of takaful (islamic insurance) operating models in malaysia
publishDate 2011
url http://irep.iium.edu.my/2280/
http://irep.iium.edu.my/2280/1/Critical_analysis_on_the_choice_of_Takaful_%28Islamic_Insurance%29_Operating_Models_in_Malaysia_05_Sept_2011.docx.pdf
first_indexed 2023-09-18T20:09:49Z
last_indexed 2023-09-18T20:09:49Z
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