LEADER 05769nam 2200781Ia 450 001 9910830106503321 005 20170810174846.0 010 $a1-283-40149-5 010 $a9786613401496 010 $a1-118-39052-0 010 $a1-118-17903-X 035 $a(CKB)2670000000139727 035 $a(EBL)829977 035 $a(SSID)ssj0000622012 035 $a(PQKBManifestationID)11386310 035 $a(PQKBTitleCode)TC0000622012 035 $a(PQKBWorkID)10641781 035 $a(PQKB)10662985 035 $a(MiAaPQ)EBC829977 035 $a(WaSeSS)Ind00046328 035 $a(OCoLC)784137969 035 $a(CaSebORM)9781118179055 035 $a(EXLCZ)992670000000139727 100 $a20090802d2009 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aTakaful Islamic insurance$b[electronic resource] $econcepts and regulatory issues /$fedited by Simon Archer, Rifaat Ahmed Abdel Karim, Volker Nienhaus 205 $a1st edition 210 $aSingapore $cJohn Wiley & Sons (Asia) Ltd.$d2009 215 $a1 online resource (338 p.) 225 1 $aWiley Finance 300 $aDescription based upon print version of record. 311 $a1-118-17905-6 311 $a0-470-82352-6 320 $aIncludes bibliographical references and index. 327 $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 327 $a3.2 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 327 $a6 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 327 $a8.5 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 327 $a10.3 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 327 $a12.1 Introduction 330 $aAuthors Rifaat, Archer and Volker bring an international perspective to the growing Islamic Insurance industry. Drawing on contributions from leading experts around the world, they present a comprehensive view of the very issues governing the industry and its future direction. As top financial institutes around the world seem to enter the lucrative Takaful markets, this timely book offers crucial background information and advice, invaluable for any serious player in the market. 410 0$aWiley Finance 606 $aInsurance$zIslamic countries$xReligious aspects 606 $aInsurance law$zIslamic countries 606 $aCapital$xInsurance$zIslamic countries 606 $aCorporate governance$zIslamic countries 606 $aPortfolio management$zIslamic countries 615 0$aInsurance$xReligious aspects. 615 0$aInsurance law 615 0$aCapital$xInsurance 615 0$aCorporate governance 615 0$aPortfolio management 676 $a368.0091767 700 $aArcher$b Simon$0117228 701 $aArcher$b Simon$0117228 701 $aAbdel Karim$b Rifaat Ahmed$0658215 701 $aNienhaus$b Volker$0659352 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910830106503321 996 $aTakaful Islamic insurance$94002668 997 $aUNINA