TY - JOUR
T1 - Takaful : A Review on Performance, Issues and Challenges in Malaysia
AU - Fauzi, Puteri Nur Farah Naadia Mohd
AU - Rashid, Khairuddin Abd
AU - Sharkawi, Azila Ahmad
AU - Hasan, Sharina Farihah
AU - Aripin, Srazali
AU - Arifin , Muhammad Ariffuddin
PY - 2016/1
Y1 - 2016/1
N2 - This paper aims to bring to attention the state of takaful or Shariah compliant insurance industry in Malaysia. It provides a review on takaful and its performance in Malaysia and highlights issues and challenges it faced. The review is undertaken through a detail desk study. The outcome of the review suggests that the penetration growth of takaful in Malaysia is relatively small in contrast to the conventional insurance, and that the takaful industry faces a series of constraints that require immediate attention if the industry is going to offer a reliable alternative to conventional insurance
AB - This paper aims to bring to attention the state of takaful or Shariah compliant insurance industry in Malaysia. It provides a review on takaful and its performance in Malaysia and highlights issues and challenges it faced. The review is undertaken through a detail desk study. The outcome of the review suggests that the penetration growth of takaful in Malaysia is relatively small in contrast to the conventional insurance, and that the takaful industry faces a series of constraints that require immediate attention if the industry is going to offer a reliable alternative to conventional insurance
KW - insurance
KW - risk
KW - shariah
KW - takaful
UR - https://www.mendeley.com/catalogue/6b535ea8-0768-35fc-9b0c-80330e82d947/
M3 - Article
VL - 3
SP - 71
EP - 76
JO - Journal of Scientific Research and Development
JF - Journal of Scientific Research and Development
IS - 4
ER -
