Issues and challenges in implementing the wakalah-waqf model in Malaysian takaful business

The wakalah-waqf model has been implemented in takaful business operations to address several Shariah issues emerging from the lack of a legal entity for the takaful fund (risk fund) under both mudarabah and wakalah models. The two models do not specify the owners of the contributions to the takaful...

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Bibliographic Details
Main Authors: Salleh, Safinar, Zahraa, Mahdi
Format: Book Chapter
Language:en
Published: Nova Science Publishers 2026
Subjects:
Online Access:http://irep.iium.edu.my/127108/1/127108_Issues%20and%20challenges%20in%20implementing%20the%20wakalah-waqf%20model.pdf
http://irep.iium.edu.my/127108/
https://novapublishers.com/shop/takaful-an-innovation-in-contemporary-insurance/
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