Mohamad Yazid ISA, Ahmad Khilmy Abd. RAHİM, Asmadi Mohamed NAİM, Muhammad Zarunnaim Haji WAHAB

118162

The Issues of Second Layer Charging Fee in Wakalah Takaful Model Practices

The Issues of Second Layer Charging Fee in Wakalah Takaful Model Practices

This paper aims to examine the issues of second layer of charging fee in the wakalah takaful models practices in Malaysia. Hence, to make sure all the objectives are answered progressively, qualitative research methodology is advocated. The main data were collected from the interview session among scholars and expertise in takaful field. Then, the data has been analysed based on certain coding and themes. In overcame the second layer of charging fee issue, Takaful Operator (TO) should provide a clear contract that been used in their operations. Besides, another approach is by providing concrete decision from the authority body such as from Shariah Advisory Council (SAC). The issue also can be mitigate through a good Shariah framework from takaful operator itself. This study can be expanded by focusing on the issue of customers’ preferences in the selection of takaful products. Besides, the future research can also examine whether these issues attributed to its low market penetration in Malaysia.
Keywords:

Business administrative, Wakalah takaful model, issue in wakalah model,

PDF
International Review of Management and Marketing-Cover
  • Başlangıç: 2011
  • Yayıncı: İlhan ÖZTÜRK
Arşiv
Sayıdaki Diğer Makaleler

The Relationship between Information Literacy and Knowledge Management among Students and Faculty Members of Shiraz University

Mozghan HEMMATİ

Compare Customer Satisfaction with the Quality of E-banking Services among State, Private and Altered Banks in Isfahan

Mahdi REZAPOUR, Mehraban Hadi PEYKANİ

Impact of Service Quality on Satisfaction, Loyalty and Intention to Revisit of Sport Customers: The Case Study of Swimming Pools in Alborz Province

Gholamreza BARSHAN, Alireza ELAHİ, Najaf AGHAEİ

The Effect of Organizational Culture on Entrepreneurship Characteristics and Competitive Advantage of Small And Medium Catering Enterprises in Makassar

Salma ABDULLAH, Chalid İmran MUSA, Muhammad AZİS

The Impact of CAMEL Indexes on Profit Management in Banks Listed on Tehran Stock Exchange

Seyed Kazem EBRAHİMİ, Ali BAHRAMİNASAB, Fahimeh Sadat SEYEDİ

Effect of Characteristics and Entrepreneurial Orientation towards Entrepreneurship Competence and Crafts and Arts SMEs Business Performance in Makassar

St Aisyah, Chalid Imran Musa, Anwar Ramli

Factors Affecting Staff Retention Strategies Used in Private Syrian Companies during the Crisis

Moaz Nagib Gharib, Ahmad Taha KAHWAJİ, Mohammed Osman ELRASHEED

The Effects of R&D Researchers' Quality Management System Application on their Work Performance in Korea

Seung-Hwan Jang

Innovation of a Technological Product with Utilizing the Target Costing Methodology

Marek Potkány, Petr Novák, Róbert Kováč, Miloš Hitka

Expressions Creating Confusion among Elements of Promotion Mix: Sales Promotion

Dinmukhamed Kelesbayev, Kuatbek Kalykulov, Yermek Yertayev, Altynay Turlybekova, Akhmet Kamalov