Shari'ah inspection of surplus distribution in Takaful operations

Shari'ah inspection of surplus distribution in Takaful operations

This research tends to shed light on a member of issues to surplus distribution in Takaful. The first part would be devoted to revisiting the main financial concepts related to the surplus and profit. Modes of distribution such as pro- rata and offsetting will also be discussed in the light of equit...

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Bibliographic Details
Main Author: Soualhi, Younes
Format: Book Chapter
Language:English
Published: IIUM Institute of Islamic Banking and Finance 2009
Subjects:
HG Finance
HG1501 Banking
KBP1 Islamic law.Shariah.Fiqh
Online Access:http://irep.iium.edu.my/7323/
http://irep.iium.edu.my/7323/1/shariah_inspection.pdf
id iium-7323
recordtype eprints
spelling iium-73232011-11-24T03:19:32Z http://irep.iium.edu.my/7323/ Shari'ah inspection of surplus distribution in Takaful operations Soualhi, Younes HG Finance HG1501 Banking KBP1 Islamic law.Shariah.Fiqh This research tends to shed light on a member of issues to surplus distribution in Takaful. The first part would be devoted to revisiting the main financial concepts related to the surplus and profit. Modes of distribution such as pro- rata and offsetting will also be discussed in the light of equity principle advocated by Shari'ah. The second part would deal with the major juristic views and doctrines such as the ownership or otherwise of the surplus after donation would be meticulously discussed of Takaful operators. The last part would deal with a general outline of Shari'ah parameters in relation to equitable surplus distribution. This is followed by a scrutiny of surplus distribution practices of some modern Takaful operators both in Malaysia and abroad. IIUM Institute of Islamic Banking and Finance Soualhi, Younes Mydin Meera, Ahamed Kameel 2009 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/7323/1/shariah_inspection.pdf Soualhi, Younes (2009) Shari'ah inspection of surplus distribution in Takaful operations. In: IIiBF Series in Islamic Banking and Finance: 1. IIUM Institute of Islamic Banking and Finance, Kuala Lumpur, pp. 125-151. ISBN 9789834456801
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG Finance
HG1501 Banking
KBP1 Islamic law.Shariah.Fiqh
spellingShingle HG Finance
HG1501 Banking
KBP1 Islamic law.Shariah.Fiqh
Soualhi, Younes
Shari'ah inspection of surplus distribution in Takaful operations
description This research tends to shed light on a member of issues to surplus distribution in Takaful. The first part would be devoted to revisiting the main financial concepts related to the surplus and profit. Modes of distribution such as pro- rata and offsetting will also be discussed in the light of equity principle advocated by Shari'ah. The second part would deal with the major juristic views and doctrines such as the ownership or otherwise of the surplus after donation would be meticulously discussed of Takaful operators. The last part would deal with a general outline of Shari'ah parameters in relation to equitable surplus distribution. This is followed by a scrutiny of surplus distribution practices of some modern Takaful operators both in Malaysia and abroad.
author2 Soualhi, Younes
author_facet Soualhi, Younes
Soualhi, Younes
format Book Chapter
author Soualhi, Younes
author_sort Soualhi, Younes
title Shari'ah inspection of surplus distribution in Takaful operations
title_short Shari'ah inspection of surplus distribution in Takaful operations
title_full Shari'ah inspection of surplus distribution in Takaful operations
title_fullStr Shari'ah inspection of surplus distribution in Takaful operations
title_full_unstemmed Shari'ah inspection of surplus distribution in Takaful operations
title_sort shari'ah inspection of surplus distribution in takaful operations
publisher IIUM Institute of Islamic Banking and Finance
publishDate 2009
url http://irep.iium.edu.my/7323/
http://irep.iium.edu.my/7323/1/shariah_inspection.pdf
first_indexed 2023-09-18T20:16:39Z
last_indexed 2023-09-18T20:16:39Z
_version_ 1777407832840208384

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