Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia

Even though the fundamentals of takaful were laid centuries ago, its modern form only appeared in the last twenty five years. Its growth had been remarkable especially in Malaysia. Despite of the impressive growth rate, its penetration rate compared to that of insurance is still minimal.Being a rela...

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Main Author: Kamaruddin Sharif
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2004
Online Access:http://journalarticle.ukm.my/8061/
http://journalarticle.ukm.my/8061/1/1239-2385-1-SM.pdf
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author Kamaruddin Sharif,
author_facet Kamaruddin Sharif,
author_sort Kamaruddin Sharif,
building UKM Institutional Repository
collection Online Access
description Even though the fundamentals of takaful were laid centuries ago, its modern form only appeared in the last twenty five years. Its growth had been remarkable especially in Malaysia. Despite of the impressive growth rate, its penetration rate compared to that of insurance is still minimal.Being a relatively recent phenomenon, takaful operators need to provide a cediable, effective, efficient and significant alternative against conventional insurers.In order to be more relevant in the marketplace, they need to increase the awareness of the masses, relook at their present distribution channel, keep abreast with the latest technologies, introduce new appopriate products and reposition themselves more as a risk management advocator and these need to be done in earnest and immediately
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spelling oai:generic.eprints.org:80612016-12-14T06:46:05Z http://journalarticle.ukm.my/8061/ Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia Kamaruddin Sharif, Even though the fundamentals of takaful were laid centuries ago, its modern form only appeared in the last twenty five years. Its growth had been remarkable especially in Malaysia. Despite of the impressive growth rate, its penetration rate compared to that of insurance is still minimal.Being a relatively recent phenomenon, takaful operators need to provide a cediable, effective, efficient and significant alternative against conventional insurers.In order to be more relevant in the marketplace, they need to increase the awareness of the masses, relook at their present distribution channel, keep abreast with the latest technologies, introduce new appopriate products and reposition themselves more as a risk management advocator and these need to be done in earnest and immediately Penerbit Universiti Kebangsaan Malaysia 2004 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/8061/1/1239-2385-1-SM.pdf Kamaruddin Sharif, (2004) Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia. Jurnal Pengurusan, 23 . pp. 3-13. ISSN 0127-2713 http://ejournal.ukm.my/pengurusan/index
spellingShingle Kamaruddin Sharif,
Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia
title Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia
title_full Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia
title_fullStr Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia
title_full_unstemmed Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia
title_short Guest commentary:takaful-development and challenges over 20 years of its existence in Malaysia
title_sort guest commentary:takaful-development and challenges over 20 years of its existence in malaysia
url http://journalarticle.ukm.my/8061/
http://journalarticle.ukm.my/8061/
http://journalarticle.ukm.my/8061/1/1239-2385-1-SM.pdf