Shari’ah and ethical issues in the practice of modified wakalah model in family takaful

Takaful is acquiring adaptation globally. Hypothetically, Takaful is recognized as mutual cooperation insurance, where the policy holders donate or contribute certain amount of money to a common pool or fund. However, Takaful has been acknowledged as insurance which is in line with Shari’ah principl...

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Bibliographic Details
Main Authors: Htay, Sheila Nu Nu, Salman, Syed Ahmed
Format: Conference or Workshop Item
Language:English
English
Published: 2013
Subjects:
Online Access:http://irep.iium.edu.my/32892/
http://irep.iium.edu.my/32892/1/Wakalah_Model_and_shariah_Issues_2_Aug.pdf
http://irep.iium.edu.my/32892/2/Wakalah.pdf