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Ownership and hibah issues of Takaful benefit

Mohd Noor, Azman and Abdullah, Mohamad Asmadi (2009) Ownership and hibah issues of Takaful benefit. In: IIiBF Series in Islamic Banking and Finance: 1. IIUM Institute of Islamic Banking and Finance, Kuala Lumpur, pp. 153-174. ISBN 9789834456801

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Abstract

This paper aims at investigating the ownership of the Takaful benefit and the issues of hibah in nomination. The focus is made solely on the Family takaful because this type of policy is singularly related to death. In this regard, the question is raised as whether the money paid by the Takaful operator on the death of the participant (death benefit) before the policy matures constitutes the participant's estate or not, and secondly over the validity of making a conditional hibah of that takaful policy to a nominee as a sole beneficiary.

Item Type: Book Chapter
Additional Information: 2902/7324
Uncontrolled Keywords: Hibah, takaful
Subjects: H Social Sciences > HG Finance
H Social Sciences > HG Finance > HG1501 Banking
K Law > KBP Islamic Law > KBP1 Islamic law.Shariah.Fiqh
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Ahmad Ibrahim Kulliyyah of Laws
Kulliyyah of Islamic Revealed Knowledge and Human Sciences
Depositing User: Sakinah Kamaludin
Date Deposited: 15 Nov 2011 16:28
Last Modified: 06 Dec 2014 23:31
URI: http://irep.iium.edu.my/id/eprint/7324

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