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Optimal incentives for takaful (Islamic insurance) operators

Journal of Economic Behavior & Organization, 2015
Abstract The relationship between policyholders and an Islamic insurance (takaful) operator is in essence a principal-agent relationship. This paper analyzes the power of incentives offered to takaful operators in mitigating problems associated with such a relationship.
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Insurance solvency supervision, European regulation and takaful products

2009
This paper investigates the application of global solvency supervisory principles and the European Solvency II regulatory framework to Takaful schemes, given their growth potential in both Western and Islamic countries. Due to their particular nature, concerns have been raised as to the suitability of international standards for sound and proper ...
openaire   +2 more sources

Takaful Insurance: Concept, History and Development Challenges

2011
After barely half a century of experience, Islamic banking has become established as a niche industry across the world, offering new and sophisticated financial products designed to be compliant with Islamic legal principles and common law. This comprehensive book explores the theory, principles and practices underpinning this rapidly expanding sector ...
Syed Othman Alhabshi   +1 more
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Insurance Industry Performance in Malaysia: Comparison Between Takaful and Conventional Insurance

International Journal of Research and Innovation in Social Science
The insurance industry in Malaysia is divided into two, conventional insurance and takaful. Both types of insurance have the same goal as protection against the risks faced by each individual or business. However, these two types of insurance have different management methods.
Nurfatin Azira Binti Mohd Anuar   +1 more
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Insurable Interest in Takaful: A Theoretical Contrivance for Islamic Insurers

2016
The Takaful (Islamic Insurance) is not only a key branch of the Islamic Financial System (IFS) but also one of the important Islamic financial instruments and a strong tool for managing individual risks and business overturns. In terms of operational models, it shares some business setups with Islamic banking, and in a way, it is regarded as “a modern ...
Azeez, Yusuf Abdul   +1 more
openaire   +1 more source

Islamic influence on customer satisfaction: evidence from Takaful and conventional insurance industry

Journal of Islamic Accounting and Business Research, 2021
Waheed Akhter, Hassan Jamil
exaly  

Determinants driving Takaful and cooperative insurance financial performance in Saudi Arabia

Journal of Accounting and Organizational Change, 2020
Wael Hemrit
exaly  

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