Please use this identifier to cite or link to this item: http://ir.lib.seu.ac.lk/handle/123456789/3293
Full metadata record
DC FieldValueLanguage
dc.contributor.authorMazahir, Seyed Mohamed Mohamed-
dc.contributor.authorRahman, Asmak Ab-
dc.contributor.authorRamzy, Mohammad Ismath-
dc.date.accessioned2018-12-07T08:55:14Z-
dc.date.available2018-12-07T08:55:14Z-
dc.date.issued2017-
dc.identifier.issn1823-2159-
dc.identifier.urihttp://ir.lib.seu.ac.lk/handle/123456789/3293-
dc.description.abstractIn this contemporary world, insurance plays a significant role in the affairs of a human being. It has become inevitable in the life of people. This study aimed at analysing the operations of Takāful (Islamic insurance) companies that are regulated by the Civil Law and finding their core regulatory issues in Sri Lanka. This study highlights the role of Sharīʻah Advisory Council in Takāful industry in Sri Lanka as this council formulates policies and guidelines, and ensures the investment and operation in line with Sharīʻah principles. The research also discusses core issues relating to Islamic insurance such as operation, investment, reporting and separation of funds. It argues that there is a need for the Muslim Leaders as well as the Sharīʻah scholars, Takāful operators and academics to be effectively involved in designing a framework for Takāful regulations in Sri Lanka. Finally, the research recommends the establishment of a regulatory council that will be responsible for the formulation of Takaful Law in that will be similar to that of the Malaysian Islamic Financial Service Act 2013 (IFSA), in Sri Lanka.en_US
dc.language.isoen_USen_US
dc.publisherThe University of Malayaen_US
dc.subjectTakāful Regulator,en_US
dc.subjectConventional Regulator,en_US
dc.subjectTakāful Operations,en_US
dc.subjectIssues in Takāful practices in Sri Lankaen_US
dc.titleAn analysis on Takaful operation under conventional regulator: A Sri Lankan experienceen_US
dc.typeArticleen_US
Appears in Collections:Research Articles

Files in This Item:
File Description SizeFormat 
RP in Katha SMM.Mashhir Dean.pdf594.95 kBAdobe PDFThumbnail
View/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.