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Retakāful operation in Malaysian practice: issue and solutions

Megat Laksana, Nan Noorhidayu and Abdul Aziz, Akhtarzaitie (2017) Retakāful operation in Malaysian practice: issue and solutions. IIUM Press, International Islamic University Malaysia, Kuala Lumpur. ISBN 978-967-418-553-4

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Abstract

Retakāful is an important financial tool through which takāful operators pay an agreed amount from takāful fund to the retakāful operators in order to get protection against loss or unexpected risk. Retakāful is an alternative for takāful operators to reinsure their risk. Some of the concepts and practices in reinsurance are relevant and acceptable in the practice of retakāful. This study attempts to discuss and examine retakāful operation as implemented by retakāful operators in Malaysia. Three retakāful operators in Malaysia had been selected by the researcher in order to get a clearer understanding of the implementation of retakāful operation models which are ACR Retakāful SEA Berhad, MNRB Retakāful Berhad and Munich Re Retakāful Berhad. In addition, this study attempts to analyse the fiqhī issues in retakāful operation.

Item Type: Book
Additional Information: 7315/65776 - Library has no copy
Uncontrolled Keywords: Retakāful, Malaysia, practice, issue, solutions
Subjects: H Social Sciences > HG Finance > HG8719 Islamic Insurance Takaful
Kulliyyahs/Centres/Divisions/Institutes: Kulliyyah of Islamic Revealed Knowledge and Human Sciences
Kulliyyah of Islamic Revealed Knowledge and Human Sciences > Department of Fiqh and Usul al-Fiqh
Depositing User: Dr Akhtarzaite Abdul Aziz
Date Deposited: 22 Apr 2019 16:00
Last Modified: 22 Apr 2019 16:00
URI: http://irep.iium.edu.my/id/eprint/65776

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