Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid.
Takaful is an Islamic concept of modern insurance. It is based on cooperation and mutual understanding. Takaful has a significant position in the financial market. Conventional insurance has also opened the window for takaful in the Middle East and African countries. Takaful is considered one of the...
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| Format: | Article |
| Language: | English |
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Universiti Teknologi MARA Selangor
2018
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| Online Access: | https://ir.uitm.edu.my/id/eprint/32248/ |
| _version_ | 1848807974358745088 |
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| author | Shahid, Irfan |
| author_facet | Shahid, Irfan |
| author_sort | Shahid, Irfan |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | Takaful is an Islamic concept of modern insurance. It is based on cooperation and mutual understanding. Takaful has a significant position in the financial market. Conventional insurance has also opened the window for takaful in the Middle East and African countries. Takaful is considered one of the lucrative industries in the financial market. Several aspects of Takaful were explained in various books and monographs. There are numerous benefits of Takaful studied in various research, but takaful has some significant aspects in Macroeconomics literature. It helps to grow the economy by enhancing the productivity and economic security. The paper aims to analyse theoretically the impact of Islamic insurance on production, consumption and investment to study the impact of Takaful on Gross Domestic Product of Economy. |
| first_indexed | 2025-11-14T22:51:21Z |
| format | Article |
| id | uitm-32248 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:51:21Z |
| publishDate | 2018 |
| publisher | Universiti Teknologi MARA Selangor |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-322482020-07-15T03:35:53Z https://ir.uitm.edu.my/id/eprint/32248/ Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid. jeeir Shahid, Irfan HB Economic Theory. Demography Macroeconomics Takaful is an Islamic concept of modern insurance. It is based on cooperation and mutual understanding. Takaful has a significant position in the financial market. Conventional insurance has also opened the window for takaful in the Middle East and African countries. Takaful is considered one of the lucrative industries in the financial market. Several aspects of Takaful were explained in various books and monographs. There are numerous benefits of Takaful studied in various research, but takaful has some significant aspects in Macroeconomics literature. It helps to grow the economy by enhancing the productivity and economic security. The paper aims to analyse theoretically the impact of Islamic insurance on production, consumption and investment to study the impact of Takaful on Gross Domestic Product of Economy. Universiti Teknologi MARA Selangor 2018-01 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/32248/1/AJ_IRFAN%20SHAHID%20JEEIR%20B%2018.pdf Shahid, Irfan (2018) Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid. (2018) Journal of Emerging Economies and Islamic Research (JEEIR) <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_and_Islamic_Research_=28JEEIR=29.html>, 6 (1). pp. 1-6. ISSN 2289-2559 https://journal.uitm.edu.my/ojs/index.php/JEEIR/ |
| spellingShingle | HB Economic Theory. Demography Macroeconomics Shahid, Irfan Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid. |
| title | Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid. |
| title_full | Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid. |
| title_fullStr | Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid. |
| title_full_unstemmed | Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid. |
| title_short | Macroeconomic essence of Takaful: exploring the significance and impact of Takaful in macroeconomic context / Irfan Shahid. |
| title_sort | macroeconomic essence of takaful: exploring the significance and impact of takaful in macroeconomic context / irfan shahid. |
| topic | HB Economic Theory. Demography Macroeconomics |
| url | https://ir.uitm.edu.my/id/eprint/32248/ https://ir.uitm.edu.my/id/eprint/32248/ |