The objective of this study is to highlight the current practice retakaful and explore means enhance prudence, costeffectiveness efficiency in managing which represents a major cost Participant Risk Fund (PRF). This qualitative discusses theoretical practical aspects through literature review from published sources; articulated practitioner‟s perspective.This explains concept importance retakaf...

ABSTRACT This study examines the effect of Islamic intellectual capital that consists Structural Capital, Human and Capital Employed on takaful financial performance in Southeast Asia Middle East during 2016-2019. The dependent variable, performance, is measured from firm’s ROE. independent variables current are Efficiency (HCE), (SCE), (CEE), Audit Opinion used as a control variable. descripti...

Takaful is the Islamic version of insurance, and size global takaful industry about USD$51 billion in 2019. Limited studies have been conducted on development sector Bangladesh Indonesia using a comparative approach. As such, this review aims at investigating challenges facing these two countries. Primary sources such as laws regulations, secondary scholarly articles books subject matter were r...

This study explains the history, current problems, and future possibilities of Islamic insurance (takaful) in Bangladesh. To articulate these issues, the researcher has adopted the qualitative method, and data has been collected through secondary sources i.e. articles, books, and online resources. The study reveals that Islamic insurance in Bangladesh is regulated by the Insurance Act 2010 whic...

Purpose From 1979 to 2023, the takaful structure has been adopted in many jurisdictions, making documenting of its early days establishment relatively difficult and somewhat unreliable. This is unlike conventional insurance, where history legislation are well documented archived various research (Hellwege, 2016; Marano Siri, 2017). The purpose this paper provide a chronology for development via...

The aim of this study is to compare takaful governance in Malaysia and Brunei since both countries known for their strong support takaful. This highlight the impact respective on overall industry each country. Moreover, objective gain a comprehensive understanding practices operators Brunei. will examine number important mechanisms draw comparisons between use qualitative descriptive research m...

Social security is a crucial part in human life, which consisted pre-arrangements against risky life. Takaful an essential approach provides confidence and ethical guidlines protecting assets. Takaful, considering Shari’ah principles, also applies the same principles of insurance for its operation even though consists some prohibited elements Islam. The objectives this study are to analyse gove...