Publication:
Feasibility of introducing takaful (Islamic Insurance) in India from the perspective of islamic finance experts

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dc.citedby1
dc.contributor.authorSalman S.A.en_US
dc.contributor.authorHassan R.en_US
dc.contributor.authorYusoff A.en_US
dc.contributor.authorid56901963000en_US
dc.contributor.authorid55541623500en_US
dc.contributor.authorid55542782500en_US
dc.date.accessioned2023-05-29T06:50:00Z
dc.date.available2023-05-29T06:50:00Z
dc.date.issued2018
dc.descriptionadult; article; e-mail; feasibility study; finance; human; human tissue; India; insurance; interview; male; perception; samplingen_US
dc.description.abstractObjective: India as the second largest Muslim populated country has no practice with Takaful. This triggers the researchers to identify why Takaful has not been introduced in India. The main objective of this study is to scrutinize the perception and acceptability of Islamic finance experts to introducing Takaful in India. Analysis: The total 18 interviews have been conducted and all of them are male. Out of 18 interviewees, 12 are conducted through face to face interviews, and the remaining interview sessions were done either by phone calls or emails. Method: A combination of convenient sampling and purposive sampling method is used for selecting the Islamic finance experts as the respondents. Interview technique is the solely method used to collect the findings for this research. Findings: Four questions were asked to know the opinions of Islamic finance experts on the viability of Takaful in India. They are related to (Q1) possibility of introducing Takaful soon, (Q2) benefits of offering Takaful, (Q3) challenges to offer Takaful and (Q4) essential steps to be taken to start offering Takaful. Result: Regarding viability of Takaful, most of them share the positive view on this matter. In terms of operation, hybrid Wakalah-Mudarabah is the best suitable model for both general and family Takaful products. � 2018, Indian Journal of Public Health Research and Development. All rights reserved.en_US
dc.description.natureFinalen_US
dc.identifier.doi10.5958/0976-5506.2018.02117.4
dc.identifier.epage2661
dc.identifier.issue12
dc.identifier.scopus2-s2.0-85062994268
dc.identifier.spage2656
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85062994268&doi=10.5958%2f0976-5506.2018.02117.4&partnerID=40&md5=c79ad8c616c5991cc87a4107a07c8836
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/23508
dc.identifier.volume9
dc.publisherInstitute of Medico-Legal Publicationsen_US
dc.sourceScopus
dc.sourcetitleIndian Journal of Public Health Research and Development
dc.titleFeasibility of introducing takaful (Islamic Insurance) in India from the perspective of islamic finance expertsen_US
dc.typeArticleen_US
dspace.entity.typePublication
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