Takaful: a review on performance, issues and challenges in Malaysia
This paper aims to bring to attention the state of takaful or Shariah compliant insurance industry in Malaysia. It provides a review on takaful and its performance in Malaysia and highlights issues and challenges it faced. The review is undertaken through a detail desk study. The outcome of the re...
Saved in:
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Lagos, Nigeria
2016
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/108012/1/108012_Takaful%20a%20review%20on%20performance.pdf http://irep.iium.edu.my/108012/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | This paper aims to bring to attention the state of takaful or Shariah compliant insurance industry in
Malaysia. It provides a review on takaful and its performance in Malaysia and highlights issues and challenges it
faced. The review is undertaken through a detail desk study. The outcome of the review suggests that the
penetration growth of takaful in Malaysia is relatively small in contrast to the conventional insurance, and that the
takaful industry faces a series of constraints that require immediate attention if the industry is going to offer a
reliable alternative to conventional insurance. |
|---|