• Economics
  • Published 2010

SHARI'AH INSPECTION OF SURPLUS DISTRIBUTION IN TAKÓFULOPERATIONS

@inproceedings{Soualhi2010SHARIAHIO,
  title={SHARI'AH INSPECTION OF SURPLUS DISTRIBUTION IN TAK{\'O}FULOPERATIONS},
  author={Younes Soualhi},
  year={2010}
}
This researchintendstoshedlightona number ofissues related to surplus distribution in tak?ful. The first part is devotedtorevisiting the main financial concepts related to the surplus such as the underwriting surplus and profit. Modes of distribution suchas pro-rata andoffsettingwill alsobe discussed inthe lightof equityprinciple advocated by Shari'ah . The second partdeals withthe major juristicviews and doctrines delineated infavor of surplus distribution. Legaldoctrines such as the ownership… CONTINUE READING