Distribution of underwriting surplus and investment profit from Tabarru’ fund: Shariah contracts applied and current market practice

Takaful is a contract whereby the participants commit to contribute an amount on regular basis or in one lump sum in a specified fund to mutually guarantee each other and appoint a body to act as the fund manager. In this contract, takaful participants have the opportunity to mitigate the possible f...

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Bibliographic Details
Main Authors: Ibrahim, Ahmad Basri, Mohd Ali, Ahmad Fadhil Hamdi, Elias, Mohd Hafizal, Wan Ahmad Lotfi, Wan Ahmad Najib
Format: Conference or Workshop Item
Language:English
Published: 2015
Subjects:
Online Access:http://irep.iium.edu.my/45618/1/45618.pdf
http://irep.iium.edu.my/45618/
http://www.aabl.com.au/wp-content/uploads/proceedings/sydney/P194-R3.pdf
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