Shari’ah and ethical issues in the practice of modified wakalah model in family takaful

Takaful has been acknowledged as insurance which is in line with Shari’ah principles. Due to the prohibited elements such as interest, uncertainty and gambling in the insurance practices, Takaful has been introduced by the Muslim scholars. Takaful is one of the fast growing industries in Islamic f...

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Bibliographic Details
Main Authors: Htay, Sheila Nu Nu, Syed, Ahmed Salman
Format: Article
Language:English
Published: Center for Promoting Ideas (CPI) 2013
Subjects:
Online Access:http://irep.iium.edu.my/32867/1/14_2.pdf