A Comparative Study of Takaful and Conventional Insurance.
T1 - A survey of the islamic insurance literature-Takaful. AU - Al-Amri, Khalid. AU - Hossain, M. Zakir. PY - 2017. Y1 - 2017. N2 - The increasing wealth of the Muslims and growing awareness of the necessity for protections are generating demand for takaful, a risk sharing that is obedient with Islamic law. The purpose of this paper is to.
Research Papers in Insurance. Type of paper: Research Papers Subject: Accounting Words: 223. Once in a while all of us have to face the necessity to go to several companies and choose the most optimal solution for different types of insurance. Whether we are talking about health, life or car insurance, the market is full of offers and it is a matter of our individual preference to identify the.
An investment-linked Takaful is a family Takaful plan that combines investment and Takaful cover. A portion of our contribution is used to buy investment units, such as units in equity or fixed income securities. The Takaful protection covers death and permanent disability. A family Takaful rider is an extension of the basic family Takaful. Our contribution gives us a Takaful cover, which.
Takaful Insurance and Convectional Insurance. Introduction. Insurance is a contract by an organization to provide an assurance towards compensation in a risk that has a probability of occurrence having a regular payment, premium, in return. The two parties in the contract; the insurer and the insured, has a policy, where the insurer gets some.
Thus, the objectives of this paper are to highlight the current issues in Takaful industry and to provide the recommendation for future research. The contemporary issues in Takaful are due to the combined nature of profit-motivation and religious motive. The issues highlighted in this paper will be the interest of all the related parties.
The firm has also produced a paper on Implementing IFRS 17 for Takaful companies, published December 2018. Global trends in Islamic finance and the UK market 2019 TheCityUK publishes a regular Islamic finance research report which summarises global trends in Islamic finance, with particular reference to how the market - including the Takaful market - is developing in the UK. The most recent.
This research investigated the determinants of profitability in conventional and Takaful insurance companies of Malaysia. Specifically, this examines the effects of firm specific factors (age of company, size of company, volume of capital, leverage ratio on profitability proxied by Return on assets. Profitability is dependant variable while age of company, size of company, volume of capital.