The procedures and methods of assessment of construction works loss for Takaful in Malaysia

• Main Authors: Mohd Fauzi, Puteri Nur Farah Naadia, Abdul Rashid, Khairuddin
• Format: Conference or Workshop Item
• Language: English; English
• Published: International Islamic University Malaysia 2013
• Subjects: HG8719 Islamic Insurance Takaful
• Online Access: http://irep.iium.edu.my/67524/1/S25_Puteri_revised2.pdf; http://irep.iium.edu.my/67524/8/CD_COVER_MICRA2013.jpg; http://irep.iium.edu.my/67524/

In the practice of insurance works in the Malaysian construction industry, the Contractor’s All Risk (CAR) policy is essential which specify details of construction works, insurance coverage, risks, losses and compensation entitled for the insured upon the occurrence of insurable risks. Despite the...