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...

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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:	H Social Sciences (General) HG4501 Stocks, investment, speculation HG8011 Insurance
Online Access:	http://irep.iium.edu.my/26733/ http://irep.iium.edu.my/26733/1/Final_Draft_Concept_and_Operation_of_Investment_in_Takaful__Issues_and_Challenges_071112.pdf

id	iium-26733
recordtype	eprints
spelling	iium-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 NonPeerReviewed 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)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
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/ http://irep.iium.edu.my/26733/1/Final_Draft_Concept_and_Operation_of_Investment_in_Takaful__Issues_and_Challenges_071112.pdf
first_indexed	2023-09-18T20:39:47Z
last_indexed	2023-09-18T20:39:47Z
_version_	1777409287740456960

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

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