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Author: Amirul Afifi Muhamat Publisher: UTeM Press ISBN: 9672145667 Category : Business & Economics Languages : en Pages : 108
Book Description
ISBN 978-967-2145-66-0 Authors : Amirul Afifi Muhamat, Mohamad Nizam Jaafar, Mohd Shamsuri Md Saad This book provides insights into the essential components of takaful operator. It discusses on the foundation aspects of takaful which is divinely driven. There are many books on takaful; however not many provides discussions on the struggles of the industry especially dilemma the industry needs to consider between the social or community motives and the commercial expectation from the shareholders as well as the contributors. The book also delineates the general forms of takaful which is rarely discussed in other books. The general and structural forms of the firms beget specific risks and these risks are managed by the funds provided by the shareholders as well as contributions from the contributors. The features of each takaful model are presented and discussions are on the suitability of each model in meeting specific aims or objectives of the principal. Types of takaful products and the needs for retakaful also discussed.
Author: S. Nazim Ali Publisher: Edward Elgar Publishing ISBN: 1785363360 Category : Business & Economics Languages : en Pages : 374
Book Description
Islamic finance distinguishes itself from conventional finance with its strong emphasis on the moral consequences of financial transactions; prohibiting interest, excessive uncertainty, and finance of harmful business. When it comes to risk mitigation, it is unique in its risk sharing approach.
Author: Amirul Afifi Muhamat Publisher: UTeM Press ISBN: 9672145667 Category : Business & Economics Languages : en Pages : 108
Book Description
ISBN 978-967-2145-66-0 Authors : Amirul Afifi Muhamat, Mohamad Nizam Jaafar, Mohd Shamsuri Md Saad This book provides insights into the essential components of takaful operator. It discusses on the foundation aspects of takaful which is divinely driven. There are many books on takaful; however not many provides discussions on the struggles of the industry especially dilemma the industry needs to consider between the social or community motives and the commercial expectation from the shareholders as well as the contributors. The book also delineates the general forms of takaful which is rarely discussed in other books. The general and structural forms of the firms beget specific risks and these risks are managed by the funds provided by the shareholders as well as contributions from the contributors. The features of each takaful model are presented and discussions are on the suitability of each model in meeting specific aims or objectives of the principal. Types of takaful products and the needs for retakaful also discussed.
Author: Serap O. Gonulal Publisher: World Bank Publications ISBN: 0821397257 Category : Business & Economics Languages : en Pages : 226
Book Description
Takaful, which means 'cooperative', is an insurance approach that is instrumental to providing insurance services to Muslims and others with religious objections to aspects of conventional commercial insurance models, specifically interest payments, uncertainty, or gambling kind of transactions.
Author: Simon Archer Publisher: John Wiley & Sons ISBN: 1118179056 Category : Business & Economics Languages : en Pages : 229
Book Description
Authors Rifaat, Archer and Volker bring an international perspective to the growing Islamic Insurance industry. Drawing on contributions from leading experts around the world, they present a comprehensive view of the very issues governing the industry and its future direction. As top financial institutes around the world seem to enter the lucrative Takaful markets, this timely book offers crucial background information and advice, invaluable for any serious player in the market.
Author: Mohamed Ariff Publisher: Edward Elgar Publishing ISBN: 1786439395 Category : Finance Languages : en Pages : 417
Book Description
From an Islamic perspective, although the ownership of wealth is with God, humans are gifted with wealth to manage it with the objective of benefiting the human society. Such guidance means that wealth management is a process involving the accumulation, generation, purification, preservation and distribution of wealth, all to be conducted carefully in permissible ways. This book is the first to lay out a coherent framework on how wealth management should be conducted in compliance with guiding principles from edicts of a major world religion.
Author: Samir Alamad Publisher: Springer ISBN: 3030162990 Category : Business & Economics Languages : en Pages : 368
Book Description
This book provides an original account detailing the origins and components of a faith-based accounting system that was founded around 629 CE. By examining the historical development that the accounting systems underwent within the context of faith-based rules and values, the book explains what is meant by the term “faith-based accounting”, together with a discussion of its characteristics in relation to various product structures and the underlying Islamic finance principles. It provides important theoretical and practical contributions by explaining accounting as a value-based science rather than a value-free object or abstract. This book explores the way in which religious rules act as a directive for accounting and auditing practices in IFIs. Through which the concept of money and digital currency within the theory of money and how it is enacted in a faith-based context, amid differences of opinions among its actors, is examined. This is an important foundation to explain Islamic accounting and includes how this outcome would shape the faith-based view regarding the new phenomenon of digital currency (DC). Also featured is the concept of paper money within the theory of money and how it is enacted in a faith-based legal framework by identifying two core concepts of today’s Fiat money as being a single genus or multi-genera money. This book is not merely an academic work, nor is it a pure practitioner guide; rather, it is a robust work that combines both. It marries rigorous academic research and theories with practical industry experiences. The book provides a clear and concise guide to accounting in Islamic economics and finance and how Islamic financial institutions could meet the applicable faith-based rules in their accounting practices.
Author: Aly Khorshid Publisher: ISBN: Category : Finance Languages : en Pages : 436
Book Description
Edited by Aly Khorshid with 18 specialist contributors, this book is THE definitive guide to Islamic Finance. It brings you the up to date information surrounding sukuk, shariah and more.
Author: Amirul Afifi Muhamat
Author: S. Nazim Ali
Author: Amirul Afifi Muhamat
Author: Serap O. Gonulal
Author: Simon Archer
Author: Sherin Kunhibava
Author: Mohamed Ariff
Author: 
Author: Andrew Jeffreys
Author: Samir Alamad
Author: Aly Khorshid