Market competition and financial stability: the case for Takaful (Islamic Insurance) market
The Takaful market has been growing substantially since its initiation and has begun gaining traction across the globe. Nevertheless, recent pressures for consolidation may bring about significant implications upon market competition, as well as economic and financial performances. As such, this stu...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Labuan Faculty of International Finance, Universiti Malaysia Sabah
2019
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| Online Access: | http://psasir.upm.edu.my/id/eprint/81289/ http://psasir.upm.edu.my/id/eprint/81289/1/Market%20competition%20and%20financial%20stability.pdf |
| _version_ | 1848859068527017984 |
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| author | Cheong, Sue Sim Sheikh Hassan, Ahmad Fahmi |
| author_facet | Cheong, Sue Sim Sheikh Hassan, Ahmad Fahmi |
| author_sort | Cheong, Sue Sim |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | The Takaful market has been growing substantially since its initiation and has begun gaining traction across the globe. Nevertheless, recent pressures for consolidation may bring about significant implications upon market competition, as well as economic and financial performances. As such, this study highlights the recent financial market failures and discusses the ambiguous link between competition and stability. Additionally, this study emphasizes the significance of competition in affecting the stability of Takaful operators to reinforce the comprehension of Takaful market behavior. This study provides important policy implications for regulators, investors, and other market participants to promote the progress of the Takaful sector. |
| first_indexed | 2025-11-15T12:23:28Z |
| format | Article |
| id | upm-81289 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T12:23:28Z |
| publishDate | 2019 |
| publisher | Labuan Faculty of International Finance, Universiti Malaysia Sabah |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-812892021-10-17T21:34:30Z http://psasir.upm.edu.my/id/eprint/81289/ Market competition and financial stability: the case for Takaful (Islamic Insurance) market Cheong, Sue Sim Sheikh Hassan, Ahmad Fahmi The Takaful market has been growing substantially since its initiation and has begun gaining traction across the globe. Nevertheless, recent pressures for consolidation may bring about significant implications upon market competition, as well as economic and financial performances. As such, this study highlights the recent financial market failures and discusses the ambiguous link between competition and stability. Additionally, this study emphasizes the significance of competition in affecting the stability of Takaful operators to reinforce the comprehension of Takaful market behavior. This study provides important policy implications for regulators, investors, and other market participants to promote the progress of the Takaful sector. Labuan Faculty of International Finance, Universiti Malaysia Sabah 2019-06-27 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/81289/1/Market%20competition%20and%20financial%20stability.pdf Cheong, Sue Sim and Sheikh Hassan, Ahmad Fahmi (2019) Market competition and financial stability: the case for Takaful (Islamic Insurance) market. Labuan Bulletin of International Business & Finance, 17 (1). pp. 76-92. ISSN 1675-7262; ESSN: 2600-7894 https://jurcon.ums.edu.my/ojums/index.php/lbibf/article/view/1912 |
| spellingShingle | Cheong, Sue Sim Sheikh Hassan, Ahmad Fahmi Market competition and financial stability: the case for Takaful (Islamic Insurance) market |
| title | Market competition and financial stability: the case for Takaful (Islamic Insurance) market |
| title_full | Market competition and financial stability: the case for Takaful (Islamic Insurance) market |
| title_fullStr | Market competition and financial stability: the case for Takaful (Islamic Insurance) market |
| title_full_unstemmed | Market competition and financial stability: the case for Takaful (Islamic Insurance) market |
| title_short | Market competition and financial stability: the case for Takaful (Islamic Insurance) market |
| title_sort | market competition and financial stability: the case for takaful (islamic insurance) market |
| url | http://psasir.upm.edu.my/id/eprint/81289/ http://psasir.upm.edu.my/id/eprint/81289/ http://psasir.upm.edu.my/id/eprint/81289/1/Market%20competition%20and%20financial%20stability.pdf |