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

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

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Abstract

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.

Item Type:	Article (Journal)
Additional Information:	6777/29018
Subjects:	B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > BP1 Islam > BP173.75 Islam and economics H Social Sciences > HG Finance > HG8011 Insurance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr Muhamad Abduh
Date Deposited:	25 Feb 2013 08:56
Last Modified:	16 Apr 2013 09:42
URI:	http://irep.iium.edu.my/id/eprint/29018

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