000 04431cam a2200277u 4500
999 _c15129
_d15129
001 33192
020 _a9780470823521
040 _aUOWD
082 _a332 TA KA
245 0 0 _aTakaful Islamic insurance :
_bconcepts and regulatory issues
_cEdited by Simon Archer, Rifaat Ahmed Abdel Karim, Volker Nienhaus
260 _aSingapore :
_bJohn Wiley & Sons (Asia),
_c2009.
300 _axix, 316 p. :
_bill ;
_c24 cm.
500 _aIncludes bibliographical references (p. 297-300) and index.
505 _aTakaful Islamic Insurance; Contents; Dedication; About the Editors; About the Contributors; Foreword; Acknowledgment; 1 Conceptual, Legal, and Institutional Issues Confronting Takaful; 1.1 Introduction; 1.2 Developments in International Prudential Guidelines for Insurance and Takaful; 1.3 Contents of this Book; Part 1; 2 Business Models in Takaful and Regulatory Implications; 2.1 Introduction; 2.2 Business Models; 2.3 Business Structures and Regulatory Implications; 2.4 Regulatory Perspectives; 3 Shari'ah Principles Governing Takaful Models; 3.1 Introduction. 3.2 Takaful : Nomenclature and Conceptual Meaning3.3 Shari'ah Principles Governing Takaful Contracts; 3.4 Takaful Management Models; 4 Corporate Governance and Stakeholder Rights in Islamic Insurance; 4.1 Introduction; 4.2 The Neo-classical and Neo-corporatist Models of Corporate Governance; 4.3 Corporate Governance Issues in the Insurance Industry; 4.4 Corporate Governance Issues in Takaful; 4.5 Concluding Remarks; 5 Legal Issues in Takaful; 5.1 Introduction; 5.2 Takaful Models and their Impacts; 5.3 The Legal Issues; 5.4 The Call for an Effective Framework; 5.5 Concluding Remarks. 6 Business Conduct in Islamic Insurance with Special Reference to Emerging Markets6.1 Background; 6.2 Business Environment in Emerging Markets; 6.3 Framework of Business Conduct and Best Practices; 6.4 Critical Drivers for Developing Market Infrastructure; 6.5 Conclusion; 7 Supervisory Issues in Takaful: An Overview; 7.1 Introduction; 7.2 Governance Issues; 7.3 Financial Issues; 7.4 Market Conduct Issues; 7.5 Market Issues; 7.6 Supervisory Priorities; Part 2; 8 Reinsurance and Retakaful; 8.1 Introduction; 8.2 What is Reinsurance?; 8.3 Functions of Reinsurance; 8.4 Types of Reinsurance. 8.5 Proportional Reinsurance8.6 Non-proportional Reinsurance; 8.7 Reinsurance Market; 8.8 Concept of Takaful; 8.9 Need for Retakaful; 8.10 Retakaful Models; 8.11 Main Issues Raised by Retakaful; 8.12 Conclusion; 9 Risk Management in Takaful; 9.1 Introduction; 9.2 Comparison between Conventional Insurance and Takaful; 9.3 Fundamental Principles of Takaful from a Risk Management Perspective; 9.4 Risk Issues in Takaful Undertakings; 9.5 Management of Risks in a Takaful Undertaking; 9.6 Concluding Remarks; 10 Solvency and Capital Adequacy in Takaful; 10.1 Introduction; 10.2 The Need for Solvency. 10.3 The Principle of Solvency10.4 Traditional Approaches to Insurance Solvency; 10.5 Risk-based Capital; 10.6 Summary; 11 Investment Portfolios of Takaful Undertakings; 11.1 Total Investment Portfolio of Takaful Undertakings for All Funds; 11.2 Shareholders' Funds; 11.3 Analysis of Shareholders' Funds between the GCC Countries and Malaysia; 11.4 General Fund; 11.5 Analysis of General Fund between GCC and Malaysia; 11.6 Family Fund; 11.7 Influence of Related Parties on the Investment Portfolios of Participants' Funds; 11.8 Summary and Conclusions; 12 Issues in Rating Takaful Companies.
520 _aAuthors 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.
526 _aFIN932
650 4 _aCorporate governance
_92263
650 4 _aInsurance
_vReligious aspects
_99311
650 4 _aInsurance law
_xIslamic countries
_99312
650 4 _aInsurance law (Islamic law)
_98582
700 1 0 _aArcher, Simon,
_eEdited by
_947846
700 1 0 _aAbdel Karim, Rifaat Ahmed,
_eEdited by
_947847
700 _aNienhaus, Volker,
_eEdited by
_947848
856 _uhttps://uowd.box.com/s/pt7ua7snw6ozp2esihutqufazw66gc49
_zLocation Map
942 _c3DAY
_2ddc