Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions

alaysia is trying to position itself as a hub of Islamic finance and the government is promoting the Islamic finance industry. Takaful industry is rapidly increasing however, Retakaful industry is not catching up with the dynamic and complex needs of Takaful industry. In addition, the existence of t...

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Main Authors:	Htay, Sheila Nu Nu, Hamat, Mustapha, Wan Ismail, Wan Zambri, Salman, Syed Ahmed
Format:	Article
Language:	English English
Published:	Maxwell Scientific Organization 2014
Subjects:	HG4001 Financial management. Business finance. Corporation finance. HG8011 Insurance
Online Access:	http://irep.iium.edu.my/31789/ http://irep.iium.edu.my/31789/ http://irep.iium.edu.my/31789/ http://irep.iium.edu.my/31789/1/Retakaful%20pool%20framework%20for%20Takaful%20operators%20in%20Malaysia_scopus.pdf http://irep.iium.edu.my/31789/2/Retakaful%20pool%20framework%20for%20Takaful%20operators%20in%20Malaysia.pdf

id	iium-31789
recordtype	eprints
spelling	iium-317892017-09-18T03:40:36Z http://irep.iium.edu.my/31789/ Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions Htay, Sheila Nu Nu Hamat, Mustapha Wan Ismail, Wan Zambri Salman, Syed Ahmed HG4001 Financial management. Business finance. Corporation finance. HG8011 Insurance alaysia is trying to position itself as a hub of Islamic finance and the government is promoting the Islamic finance industry. Takaful industry is rapidly increasing however, Retakaful industry is not catching up with the dynamic and complex needs of Takaful industry. In addition, the existence of the limited number of Retakaful operators causes Takaful operators not much bargaining power in negotiating the Retakaful agreement and Takaful operators have no option except to follow the requirements set by Retakaful operators. Thus, this study intends to propose framework for Retakaful pool mechanism by seeking the opinions of experts in Malaysia. By introducing Retakaful pool among the Takaful operators, it will create mutual and friendly business environment among them and reduce dependency on Retakaful operators. In addition, the experts believe that Retakaful pool will bring more benefit to the Takaful operators, compared to the traditional Retakaful method, i.e., engaging with Retakaful operators Maxwell Scientific Organization 2014-06-05 Article PeerReviewed application/pdf en http://irep.iium.edu.my/31789/1/Retakaful%20pool%20framework%20for%20Takaful%20operators%20in%20Malaysia_scopus.pdf application/pdf en http://irep.iium.edu.my/31789/2/Retakaful%20pool%20framework%20for%20Takaful%20operators%20in%20Malaysia.pdf Htay, Sheila Nu Nu and Hamat, Mustapha and Wan Ismail, Wan Zambri and Salman, Syed Ahmed (2014) Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions. Research Journal of Applied Sciences, Engineering and Technology, 7 (21). pp. 4530-4534. ISSN 2040-7459 E-ISSN 2040-7467 http://www.maxwellsci.com/msproof.php?doi=rjaset.7.829 DOI:10.19026/rjaset.7.829
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG4001 Financial management. Business finance. Corporation finance. HG8011 Insurance
spellingShingle	HG4001 Financial management. Business finance. Corporation finance. HG8011 Insurance Htay, Sheila Nu Nu Hamat, Mustapha Wan Ismail, Wan Zambri Salman, Syed Ahmed Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions
description	alaysia is trying to position itself as a hub of Islamic finance and the government is promoting the Islamic finance industry. Takaful industry is rapidly increasing however, Retakaful industry is not catching up with the dynamic and complex needs of Takaful industry. In addition, the existence of the limited number of Retakaful operators causes Takaful operators not much bargaining power in negotiating the Retakaful agreement and Takaful operators have no option except to follow the requirements set by Retakaful operators. Thus, this study intends to propose framework for Retakaful pool mechanism by seeking the opinions of experts in Malaysia. By introducing Retakaful pool among the Takaful operators, it will create mutual and friendly business environment among them and reduce dependency on Retakaful operators. In addition, the experts believe that Retakaful pool will bring more benefit to the Takaful operators, compared to the traditional Retakaful method, i.e., engaging with Retakaful operators
format	Article
author	Htay, Sheila Nu Nu Hamat, Mustapha Wan Ismail, Wan Zambri Salman, Syed Ahmed
author_facet	Htay, Sheila Nu Nu Hamat, Mustapha Wan Ismail, Wan Zambri Salman, Syed Ahmed
author_sort	Htay, Sheila Nu Nu
title	Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions
title_short	Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions
title_full	Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions
title_fullStr	Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions
title_full_unstemmed	Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions
title_sort	retakaful pool framework for takaful operators in malaysia: experts' opinions
publisher	Maxwell Scientific Organization
publishDate	2014
url	http://irep.iium.edu.my/31789/ http://irep.iium.edu.my/31789/ http://irep.iium.edu.my/31789/ http://irep.iium.edu.my/31789/1/Retakaful%20pool%20framework%20for%20Takaful%20operators%20in%20Malaysia_scopus.pdf http://irep.iium.edu.my/31789/2/Retakaful%20pool%20framework%20for%20Takaful%20operators%20in%20Malaysia.pdf
first_indexed	2023-09-18T20:45:56Z
last_indexed	2023-09-18T20:45:56Z
_version_	1777409674702749696

Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions

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