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dc.contributor.authorApnizan Abdullah
dc.contributor.authorHakimah Yaacob
dc.date.accessioned2019-04-25T07:03:52Z
dc.date.available2019-04-25T07:03:52Z
dc.date.issued2012-12-03
dc.identifier.urihttps://e-ilami.unissa.edu.bn:8443/handle/20.500.14275/1159
dc.description.abstractThe rapid growth of the Islamic finance industry invites the parallel progress of Takaful industry. The Takaful industry has grown based on various developing methods namely Mudharabah, modified Mudharabah, Wakalah, Wakalah-Waqf and even hybrid models. The Wakalah-Waqf model an extension of Wakalah model was proposed to provide a better solution for the existing models of Takaful business that received numerous criticisms from academics and its practitioners. However, there is a myriad of issues namely legal and Shariah issues pertaining to its operations that warrant intellectual discussion intended to provide proactive solutions for the benefit of the industry. Hence, the study aims to address the current legal and Shariah issues pertaining to its structure and practical operations. Eventually, the study seeks to suggest possible recommendations for the future growth of Takaful industry in Malaysia in particular and all over the globe in general.en_US
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.subjectInsuranceen_US
dc.titleLegal and Shariah Issues in the Application of Wakalah-waqf Model in Takaful Industry: An Analysisen_US
dc.typeArticles in Journalen_US
dc.alternativelocationhttps://scholar.google.com/citations?user=97CwJBUAAAAJ&hl=enen_US
dc.pages1040-1045en_US
dc.doi10.1016/j.sbspro.2012.11.239en_US
dc.JournalProcedia-Social and Behavioral Sciencesen_US
dc.volume65en_US
dc.keywordTakafulen_US
dc.keywordIslamic insurance and insuranceen_US
dc.keywordWakalahen_US
dc.keywordWaqfen_US


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