The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance

The Islamic financial institutions have been developing tremendously since the last three decades. However, many studies are focused more on the development and performance of banking and financial markets and almost neglecting another specific and important sector, which is insurance. Thus, this st...

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Main Authors: Abduh, Muhamad, Omar, Mohd. Azmi, M. Tarmizi, Raudhah
Format: Article
Language:English
Published: International Association of Islamic Banks 2012
Subjects:
Online Access:http://irep.iium.edu.my/29018/
http://irep.iium.edu.my/29018/1/Abduh-Omar-Tarmidzi_2012.pdf
id iium-29018
recordtype eprints
spelling iium-290182013-04-16T01:42:54Z http://irep.iium.edu.my/29018/ The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance Abduh, Muhamad Omar, Mohd. Azmi M. Tarmizi, Raudhah BP173.75 Islam and economics HG8011 Insurance The Islamic financial institutions have been developing tremendously since the last three decades. However, many studies are focused more on the development and performance of banking and financial markets and almost neglecting another specific and important sector, which is insurance. Thus, this study aims to measure the performance of Islamic insurance industry in Malaysia and compare them with their conventional counterpart. This study covers a three-year period, i.e. 2008 to 2010 and employs ratio analysis and data envelopment analysis to measure the performance of both industries. The findings show that insurance industry is more efficient than Takaful industry in both ratio analysis and data envelopment analysis. International Association of Islamic Banks 2012-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/29018/1/Abduh-Omar-Tarmidzi_2012.pdf Abduh, Muhamad and Omar, Mohd. Azmi and M. Tarmizi, Raudhah (2012) The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance. Journal of Islamic Banking and Finance, 27 (4). pp. 40-49. ISSN 1814-8042
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic BP173.75 Islam and economics
HG8011 Insurance
spellingShingle BP173.75 Islam and economics
HG8011 Insurance
Abduh, Muhamad
Omar, Mohd. Azmi
M. Tarmizi, Raudhah
The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance
description The Islamic financial institutions have been developing tremendously since the last three decades. However, many studies are focused more on the development and performance of banking and financial markets and almost neglecting another specific and important sector, which is insurance. Thus, this study aims to measure the performance of Islamic insurance industry in Malaysia and compare them with their conventional counterpart. This study covers a three-year period, i.e. 2008 to 2010 and employs ratio analysis and data envelopment analysis to measure the performance of both industries. The findings show that insurance industry is more efficient than Takaful industry in both ratio analysis and data envelopment analysis.
format Article
author Abduh, Muhamad
Omar, Mohd. Azmi
M. Tarmizi, Raudhah
author_facet Abduh, Muhamad
Omar, Mohd. Azmi
M. Tarmizi, Raudhah
author_sort Abduh, Muhamad
title The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance
title_short The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance
title_full The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance
title_fullStr The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance
title_full_unstemmed The performance of insurance industry in Malaysia: Islamic vis-à-vis conventional insurance
title_sort performance of insurance industry in malaysia: islamic vis-à-vis conventional insurance
publisher International Association of Islamic Banks
publishDate 2012
url http://irep.iium.edu.my/29018/
http://irep.iium.edu.my/29018/1/Abduh-Omar-Tarmidzi_2012.pdf
first_indexed 2023-09-18T20:42:37Z
last_indexed 2023-09-18T20:42:37Z
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