Tadbir Urus Syariah dalam Industri Takaful di Malaysia: Implikasi Pra dan Pasca Akta Perkhidmatan Kewangan Islam 2013

Authors

  • Mohd Faiz Mohamed Yusof Akademi Pengajian Islam Kontemporari, Universiti Teknologi MARA (UiTM), Shah Alam, Selangor, Malaysia
  • Nurhanani Romli Jabatan Syariah dan Ekonomi, Akademi Pengajian Islam, Universiti Malaya, Kuala Lumpur, Malaysia
  • Zulzaidi Mahmod Jabatan Syariah dan Undang-Undang, Akademi Pengajian Islam, Universiti Malaya, Kuala Lumpur, Malaysia
  • Joni Tamkin Borhan Jabatan Syariah dan Ekonomi, Akademi Pengajian Islam, Universiti Malaya, Kuala Lumpur, Malaysia

DOI:

https://doi.org/10.11113/sh.v5n1.505

Keywords:

Shariah governance, takaful, legislation, shariah advisory council, shariah committee

Abstract

Takaful industry in Malaysia has reached about 30 years. Various changes have been made by regulators of Bank Negara Malaysia (BNM) to ensure the strengthening and stability of the takaful industry including Shariah governance-related legislation. Therefore, this paper will describe the implications Takaful Act 1984, Central Bank of Malaysia Act 2009 and Islamic Financial Services Act 2013 in the shariah governance aspect of takaful industry in Malaysia. This paper also reviewing the case Teng Gia Hwa & 1 or v Syarikat Takaful Malaysia Bhd 2010 based on the latest legislative syariah governance takaful industry in Malaysia.

References

Abdullah @ Alwi Haji Hassan (2008). Akta Takaful 1984: Satu Analisa. In Asmak Ab Rahman et al, (Eds.). Sistem Takaful di Malaysia: Isu-Isu Komtemporari, 103–117. Kuala Lumpur: Penerbit Universiti Malaya.

Al-Syawkani. (1995). Irsyad al-Fuhul. Beirut: Mu’assasah al-Kutub al-Thaqafiyyah.

Amir Shaharuddin. (2011). Shariah Governance of Malaysian Islamic Banking Institution. Jurnal Ekonomi, 14(2), 53–57.

Bank Negara Malaysia. (2003) .Guidelines on the Governance of Shariah CommitteeBNM/RH/GL/005-6. Kuala Lumpur: Bank Negara Malaysia.

Bank Negara Malaysia. (2004). Industri takaful Malaysia 1984-2004, Retrieved from http://www.bnm.gov.my/files/publication/tkf/bm/2004/booklet.bm.pdf

Bank Negara Malaysia. (2011). Resolusi syariah dalam kewangan Islam Majlis Penasihat Syariah Bank Negara Malaysia (2010 - 2011). Kuala Lumpur: Bank Negara Malaysia.

Bank Negara Malaysia. (2011). Shariah Governance Framework for Islamic Financial InstitutionsBNM/RH/GL_012_3. Kuala Lumpur: Bank Negara Malaysia.

Bank Negara Malaysia. (2013a). Majlis Penasihat Syariah Bank. Retrieved from http://www.bnm.gov.my/?ch=bm_about&pg=bm_thebank&ac=803&lang=bm

Bank Negara Malaysia. (2013b). Islamic Finance Law Harmonisation Committee Report 2013. Kuala Lumpur: Bank Negara Malaysia.

Bank Negara Malaysia. (2013c). Akta 759: Akta Perkhidmatan Kewangan Islam 2013. Retrieved from http://www.bnm.gov.my/?ch=bm_legislation&pg=bm_legislation_act&ac=1083&lang=bm

Grassa, R. (2013). New Issues and Challenges: A Comparative Analysis Between Southeast Asia Models and GCC Models. Humanomics, 29(4), 333–348. doi:10.1108/H-01-2013-0001

IFSB. (2009). Guiding Principle on Governance For Takaful (Islamic Insurance) Undertaking. Kuala Lumpur: IFSB.

Jabatan Peguam Negara. (2006). Akta 56: Akta Keterangan 1950. Retrieved from http://www.agc.gov.my/Akta/Vol.%202/Akta%2056.pdf

Jabatan Peguam Negara. (2008). Akta 312: Akta Takaful 1984. Retrieved from http://www.agc.gov.my/Akta/Vol.%207/Akta_312.pdf

Jabatan Peguam Negara. (2009). Akta 701: Akta Bank Negara Malaysia 2009. Retrieved from http://www.bnm.gov.my/documents/act/cba2009_02.pdf

Maffuza Salleh. (2005). Takaful Dari Prospek Syariah Dan Perundangan Mengikut Amalan di Malaysia. Tesis Ijazah Undang-Undang, Fakulti Undang-Undang Universiti Kebangsaan Malaysia.

Marshall, C., and Rossman, G.C. (1995). Designing Qualitative Research (5th ed.). London: Sage Publication.

Michael, M.D. (2009) Qualitative Research Research in Bussiness & Management. London: Sage Publication.

Mohammad Azam Hussain, Rusni Hassan and Aznan Hassan (2013). Resolusi Syariah oleh Majlis Penasihat Shariah Bank Negara Malaysia: Tinjauan Perspektif Undang-Undang. KANUN, 2(2), 220–237.

Mohd Sadad Mahmud and Radiah Abd Kader. (2012). Perkembangan Takaful di Malaysia: Satu Kajian Undang-Undang Kewangan Islam. KANUN, 24(2), 241–260.

Rusni Hassan and Mohammad Azam Hussain. (2013). Scrutinizing the Malaysian Regulatory Framework on Shari’ah Advisors for Islamic Financial Institutions. Journal of Islamic Finance, 2(1), 38–47.

Ruzian Markom et al., (2011). Adjuction of Islamic Banking and Finance Cases in the Civil Courts of Malaysia. European Journal of Law and Economics, 1–34. doi: 10.1007/s10657-011-9249-4.

Sabah Law Courts. (2010). Teng Gia Hwa@Gary Teng, Jean-Francois Cormerais VS Syarikat Takaful Malaysia Berhad. Retrieved from http://www.highcourt.sabah.sarawak.gov.my/apps/highcourt/sabah/modules/highcourt_cap/components/publishing/index3_judgment_list.php?offset=10&judge

Salman Lambak and Izah Mohd Tahir. (2013). Juristic Analysis on the Applications of Common Law in Malaysia Takaful Act 1984 Based on Doctrine al-‘Urf. Asian Social Science, 9(9), 262–269. doi:10.5539/ass.v9n9p262.

Surianom Miskam and Muhammad Amrullah Nasrul Miskom. (2013). Shariah Governance in Islamic Finance: The Effects of The Islamic Financial Services Act 2013. Proceeding of the World Conference on Integration of Knowledge (WCIK 2013), Langkawi, Malaysia. 25-26 November 2013.

Tun Arifin Bin Zakaria. (2013). A judicial perspective on islamic finance litigation in Malaysia. IIUM Law Journal, 21, 143–182.

Zaydan, ‘Abd al-Karim. (1969). Madkhal li Dirasah al-Syariah al-Islamiyyah. Baghdad: Matba’ah al-‘Ani.

Downloads

Published

2015-03-04

How to Cite

Mohamed Yusof, M. F., Romli, N., Mahmod, Z., & Borhan, J. T. (2015). Tadbir Urus Syariah dalam Industri Takaful di Malaysia: Implikasi Pra dan Pasca Akta Perkhidmatan Kewangan Islam 2013. Sains Humanika, 5(1). https://doi.org/10.11113/sh.v5n1.505

Issue

Section

Articles