Ownership and hibah issues of Takaful benefit
This paper aims at investigating the ownership of the Takaful benefit and the issues of hibah in nomination. The focus is made solely on the Family takaful because this type of policy is singularly related to death. In this regard, the question is raised as whether the money paid by the Takaful oper...
| Main Authors: | , |
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| Format: | Book Chapter |
| Language: | English |
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IIUM Institute of Islamic Banking and Finance
2009
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/7324/ http://irep.iium.edu.my/7324/1/Ownership_and_Hibah_Issues_of_Takaful_Benefit.pdf |
| _version_ | 1848776824159469568 |
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| author | Mohd Noor, Azman Abdullah, Mohamad Asmadi |
| author_facet | Mohd Noor, Azman Abdullah, Mohamad Asmadi |
| author_sort | Mohd Noor, Azman |
| building | IIUM Repository |
| collection | Online Access |
| description | This paper aims at investigating the ownership of the Takaful benefit and the issues of hibah in nomination. The focus is made solely on the Family takaful because this type of policy is singularly related to death. In this regard, the question is raised as whether the money paid by the Takaful operator on the death of the participant (death benefit) before the policy matures constitutes the participant's estate or not, and secondly over the validity of making a conditional hibah of that takaful policy to a nominee as a sole beneficiary. |
| first_indexed | 2025-11-14T14:36:13Z |
| format | Book Chapter |
| id | iium-7324 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T14:36:13Z |
| publishDate | 2009 |
| publisher | IIUM Institute of Islamic Banking and Finance |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-73242024-11-26T03:58:33Z http://irep.iium.edu.my/7324/ Ownership and hibah issues of Takaful benefit Mohd Noor, Azman Abdullah, Mohamad Asmadi HG Finance HG1501 Banking KBP1 Islamic law.Shariah.Fiqh This paper aims at investigating the ownership of the Takaful benefit and the issues of hibah in nomination. The focus is made solely on the Family takaful because this type of policy is singularly related to death. In this regard, the question is raised as whether the money paid by the Takaful operator on the death of the participant (death benefit) before the policy matures constitutes the participant's estate or not, and secondly over the validity of making a conditional hibah of that takaful policy to a nominee as a sole beneficiary. IIUM Institute of Islamic Banking and Finance 2009 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/7324/1/Ownership_and_Hibah_Issues_of_Takaful_Benefit.pdf Mohd Noor, Azman and Abdullah, Mohamad Asmadi (2009) Ownership and hibah issues of Takaful benefit. In: IIiBF Series in Islamic Banking and Finance: 1. IIUM Institute of Islamic Banking and Finance, Kuala Lumpur, pp. 153-174. ISBN 9789834456801 |
| spellingShingle | HG Finance HG1501 Banking KBP1 Islamic law.Shariah.Fiqh Mohd Noor, Azman Abdullah, Mohamad Asmadi Ownership and hibah issues of Takaful benefit |
| title | Ownership and hibah issues of Takaful benefit |
| title_full | Ownership and hibah issues of Takaful benefit |
| title_fullStr | Ownership and hibah issues of Takaful benefit |
| title_full_unstemmed | Ownership and hibah issues of Takaful benefit |
| title_short | Ownership and hibah issues of Takaful benefit |
| title_sort | ownership and hibah issues of takaful benefit |
| topic | HG Finance HG1501 Banking KBP1 Islamic law.Shariah.Fiqh |
| url | http://irep.iium.edu.my/7324/ http://irep.iium.edu.my/7324/1/Ownership_and_Hibah_Issues_of_Takaful_Benefit.pdf |