A SHAR AH COMPLIANCE REVIEW ON INVESTMENT LINKED TAK FUL IN MALAYSIA

Azman Mohd Noor ()
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Azman Mohd Noor: Department of Fiqh and Usul al-Fiqh, Postal: International Islamic University Malaysia

Islamic Economic Studies, 2009, vol. 17-1, 1-20

Abstract: The growth in Islamic funds has brought new challenges and opportunities for the financial industry. In recent years, the trend has been towards unit-linked products with an emphasis on the investment link which definitely includes the takaful industry. Takaful operators are offering investment products apart from their core business in providing protection through General and Family Takaful. This paper aims to review some Shariah issues in investment-linked takaful schemes.

Date: 2009
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