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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| Format: | Article |
| Language: | English English |
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Maxwell Scientific Organization
2014
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| Online Access: | 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 |
| _version_ | 1796878170665779200 |
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| 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 |
| collection | IIUM |
| 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 |
| first_indexed | 2024-03-05T23:17:44Z |
| format | Article |
| id | oai:generic.eprints.org:31789 |
| institution | International Islamic University Malaysia |
| language | English English |
| last_indexed | 2024-03-05T23:17:44Z |
| publishDate | 2014 |
| publisher | Maxwell Scientific Organization |
| record_format | dspace |
| spelling | oai:generic.eprints.org: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 |
| 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 |
| title | 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_short | Retakaful pool framework for Takaful operators in Malaysia: Experts' opinions |
| title_sort | retakaful pool framework for takaful operators in malaysia experts opinions |
| topic | HG4001 Financial management. Business finance. Corporation finance. HG8011 Insurance |
| url | 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 |
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