REMEDIES FOR MISREPRESENTATIONS IN TAKAFUL CONTRACT: CURRENT INDUSTRY PRACTICE IN MALAYSIA
Takaful is a contract whereby the participants commit to contribute an amount of money to a specified fund to mutually guarantee each other in the unprecedented event of misfortune and appoint a takaful operator to manage that fund. In takaful contract,
DR. SITI SALWANI RAZALI, AHMAD FADHIL HAMDI MOHD ALI
doaj +2 more sources
Micro-takāful scheme for the protection of houses belonging to low-income groups in Malaysia
Purpose: This study aims to assess the availability of micro-takāful (micro-Islamic insurance) schemes for the protection of houses belonging to low-income groups in Malaysia.
Laldin, Mohamad Akram +2 more
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Transparency in the Assessment of Takaful Claims for Construction Works Loss & Damage [PDF]
In the context of the construction industry, an alternative to the conventional insurance for works contracts is the Shariah compliant insurance otherwise known as takaful.
Puteri Nur Farah Naadia Mohd Fauzi +1 more
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Compliance with IFRS17 Standards in Takaful Insurance: Challenges, Solutions, and Future Perspectives for Egyptian Market [PDF]
The insurance companies prepare themselves to adopt International Financial Reporting Standard (IFRS 17) insurance contracts from January 1, 2023.
Islam farid Mostafa Elsaid +1 more
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The effect of IFSA 2013 on late payment of takāful benefits [PDF]
Purpose This paper aims to examine the implications of compensation on late payment of takāful benefit imposed in the Islamic Financial Services Act 2013 on the takāful industry in Malaysia.
Lukman, Burhanuddin +1 more
core
The goods and services tax (GST) on takāful products: a critical Sharīʿah appraisal [PDF]
Purpose: This paper aims to ascertain the Sharīʿah (Islamic law) stance on the imposition of goods and services tax (GST) on tabarruʿ-based takāful (donation-based Islamic insurance) products in Malaysia.
Saba’ Radwan Jamal Elatrash +1 more
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Impact of brand equity on purchase intentions: Empirical evidence from the health takāful industry of the United Arab Emirates [PDF]
Purpose - Although 76% of the population of the United Arab Emirates (UAE) is Muslim, takāful (Islamic insurance) has a much smaller share of business in the UAE than conventional insurance does.
Naziruddin Abdullah +4 more
core +2 more sources
This study empirically verifies the link between macroeconomic variables (i.e. income per capita, savings, inflation, stock and index) with the demand for Family Takaful in the context of Pakistan using time-series data from 2006 to 2016 of Pak-Qatar ...
Syed Alamdar Ali Shah +2 more
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The purpose of this study is to assess the level of awareness and understanding of Takaful, an Islamic insurance scheme, as compared to traditional insurance among students of Islamic Studies in Sri Lanka. Despite the growing popularity of Takaful in the
Mohamed Naushad Mohamed Minaz +3 more
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Absolute assignment in takāful industry: Sharī‘ah contracts, issues and solutions [PDF]
This article deliberates on the Islamic contracts used in absolute assignment in takāful industry and identifies Sharī‘ah issues that might accrue from it. The article studies the market practice of absolute assignment in takāful industry in Malaysia and
Mohd Ali, Ahmad Fadhil Hamdi +1 more
core +3 more sources

