Examining investment initiative in Takaful operation: issues, constraints and the way forward

Investment activity is a new added feature in takaful operations nowadays, departing from its original role: protection. The paper aims to examine the concept and mechanism of investment initiative undertaken by takaful operators (TOs). It also identifies some issues surrounding its practice, i.e Sh...

Full description

Saved in:
Bibliographic Details
Main Authors: Abdullah, Nurdianawati Irwani, Ali, Mohammad Mahbudi, Jinnah, Muhammad Ali, Md. Zuki, Ahmad Mazrul Shahir, Abdullah, Syahida
Format: Monograph
Language:English
Published: [s.n.] 2012
Subjects:
Online Access:http://irep.iium.edu.my/26733/1/Final_Draft_Concept_and_Operation_of_Investment_in_Takaful__Issues_and_Challenges_071112.pdf
http://irep.iium.edu.my/26733/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.iium.irep.26733
record_format dspace
spelling my.iium.irep.267332018-01-17T05:11:41Z http://irep.iium.edu.my/26733/ Examining investment initiative in Takaful operation: issues, constraints and the way forward Abdullah, Nurdianawati Irwani Ali, Mohammad Mahbudi Jinnah, Muhammad Ali Md. Zuki, Ahmad Mazrul Shahir Abdullah, Syahida H Social Sciences (General) HG4501 Stocks, investment, speculation HG8011 Insurance Investment activity is a new added feature in takaful operations nowadays, departing from its original role: protection. The paper aims to examine the concept and mechanism of investment initiative undertaken by takaful operators (TOs). It also identifies some issues surrounding its practice, i.e Shari'ah, operational, and legal issues. The Shari'ah issues identified in the paper are inter alia the issues of income purification, fee for managing muÌÉrabah investment fund, investing Participant's Risk Fund (PRF), and fee for fund manager. Meanwhile, the prevailing operational issues addressed in this paper are limited investment avenue, investment fund monitoring, issue of participants’ involvement, investment cross borders, and asset liability mismatch. Furthermore, the legal issues highlighted in the paper are the issue of takaful structure and Shari'ah governance framework. [s.n.] 2012 Monograph REM application/pdf en http://irep.iium.edu.my/26733/1/Final_Draft_Concept_and_Operation_of_Investment_in_Takaful__Issues_and_Challenges_071112.pdf Abdullah, Nurdianawati Irwani and Ali, Mohammad Mahbudi and Jinnah, Muhammad Ali and Md. Zuki, Ahmad Mazrul Shahir and Abdullah, Syahida (2012) Examining investment initiative in Takaful operation: issues, constraints and the way forward. Other. [s.n.]. (Unpublished)
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic H Social Sciences (General)
HG4501 Stocks, investment, speculation
HG8011 Insurance
spellingShingle H Social Sciences (General)
HG4501 Stocks, investment, speculation
HG8011 Insurance
Abdullah, Nurdianawati Irwani
Ali, Mohammad Mahbudi
Jinnah, Muhammad Ali
Md. Zuki, Ahmad Mazrul Shahir
Abdullah, Syahida
Examining investment initiative in Takaful operation: issues, constraints and the way forward
description Investment activity is a new added feature in takaful operations nowadays, departing from its original role: protection. The paper aims to examine the concept and mechanism of investment initiative undertaken by takaful operators (TOs). It also identifies some issues surrounding its practice, i.e Shari'ah, operational, and legal issues. The Shari'ah issues identified in the paper are inter alia the issues of income purification, fee for managing muÌÉrabah investment fund, investing Participant's Risk Fund (PRF), and fee for fund manager. Meanwhile, the prevailing operational issues addressed in this paper are limited investment avenue, investment fund monitoring, issue of participants’ involvement, investment cross borders, and asset liability mismatch. Furthermore, the legal issues highlighted in the paper are the issue of takaful structure and Shari'ah governance framework.
format Monograph
author Abdullah, Nurdianawati Irwani
Ali, Mohammad Mahbudi
Jinnah, Muhammad Ali
Md. Zuki, Ahmad Mazrul Shahir
Abdullah, Syahida
author_facet Abdullah, Nurdianawati Irwani
Ali, Mohammad Mahbudi
Jinnah, Muhammad Ali
Md. Zuki, Ahmad Mazrul Shahir
Abdullah, Syahida
author_sort Abdullah, Nurdianawati Irwani
title Examining investment initiative in Takaful operation: issues, constraints and the way forward
title_short Examining investment initiative in Takaful operation: issues, constraints and the way forward
title_full Examining investment initiative in Takaful operation: issues, constraints and the way forward
title_fullStr Examining investment initiative in Takaful operation: issues, constraints and the way forward
title_full_unstemmed Examining investment initiative in Takaful operation: issues, constraints and the way forward
title_sort examining investment initiative in takaful operation: issues, constraints and the way forward
publisher [s.n.]
publishDate 2012
url http://irep.iium.edu.my/26733/1/Final_Draft_Concept_and_Operation_of_Investment_in_Takaful__Issues_and_Challenges_071112.pdf
http://irep.iium.edu.my/26733/
_version_ 1643609197439352832
score 13.211869