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- W2137221809 abstract "Nomination is a process whereby a policyholder who purchases the insurance policy should name someone to benefit from the policy in the event of the policyholder’s death. Nomination is purposely performed to ensure the beneficiaries receive the takEful benefits promptly. The current practice of the nomination clause in family takEful operation is basically vague because the Takaful act 1984 does not expressly provide any rule to that effect. This study aims to examine the status of nominees for Muslim participants and non-Muslim participants in family takEful as stipulated in the takEful nomination form. it is significant to clarify the status of the nominee, either as a beneficiary or an executor, in order to avoid any misconception among the legal heirs in the future. besides this, the study also seeks to assess how far the related concept of hibah to the nomination in family takEful is currently implemented by the takEful operators in Malaysia. Hibah seems to be an alternative for Muslim participants to allocate the takEful benefits to the right beneficiaries without adhering to the islamic law of inheritance (farE’iI). This study adopts the document analysis to identify whether the takEful nomination form is standardised and clarified in respect of the status of the nominee for each takEful operator in Malaysia. Samples of eight licensed takEful" @default.
- W2137221809 created "2016-06-24" @default.
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- W2137221809 creator A5048820390 @default.
- W2137221809 date "2010-12-01" @default.
- W2137221809 modified "2023-09-23" @default.
- W2137221809 title "CASe StudIeS oF the PRACtICe oF NomINAtIoN ANd HibaH by mAlA ySIAN TakÓful oPeRAtoRS" @default.
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