Takaful Investment Portfolios: A Study of the Composition of Takaful Funds in the GCC and Malaysia -- Copyright -- Contents -- Preface -- Acknowledgments -- List of Abbreviations -- Chapter 1: Introduction -- Rationale for Researching Investment Portfolio Composition of Takaful Companies -- Aims and Objectives -- Scope and Delimitation -- Research Methodology -- Overview of the Book -- Chapter 2: Insurance and Islamic Law: An Introduction to Takaful -- The Concept of Insurance in Islamic Sources -- Views of Contemporary Jurists on the Insurance Contract -- Permissibility of Insurance Contracts on the Basis of Individual Judgments -- Permissibility of the Insurance Contract on the Basis of a Unanimous Decision -- Arguments Regarding the Validity or Invalidity of Commercial Insurance -- Insurance and Gharar -- Insurance and Riba -- Insurance and Gambling (Maysir) -- Insurance and the Principle of Free (Ibaha) Contractual Arrangements in Islam -- Analogy Between Insurance Contracts and Other Islamic Contracts -- Other Arguments -- Conclusion -- Notes -- Chapter 3: Takaful Models and Implementations, Trends, and Developments -- Takaful Undertaking Principles -- Islamic Insurance Operational Models -- General Takaful -- Family Takaful -- Other Models -- Differences Between Takaful and Other Forms of Insurance -- Differences Between Takaful and Commercial Insurance -- Differences Between Takaful and Mutual Insurance -- Trends and Developments in the Takaful Industry -- Conclusion -- Notes -- Chapter 4: Research Methodology -- Methodological Shortcomings of the Literature -- Research Strategy -- Research Questions, Objectives, and Hypotheses -- Research Design -- Sampling Strategy -- Sample Size -- Research Methods -- The Questionnaire -- Reliability -- Interviews -- Difficulties Faced During Data Collection -- Quantitative Data Analysis.

Qualitative Data Analysis -- Conclusion -- Notes -- Chapter 5: Exploring Investment Behaviours and Investment Portfolios of Takaful Operating Companies in the GCC and Malaysia -- Total Investment Portfolio of Takaful Operating Companies for All Funds -- Investments in Shareholders' Fund -- Investment Accounts -- Investments in Equities -- Investments in Sukuk -- Mutual Funds/Unit Trusts -- Investment in Subsidiaries -- Real Estate Investments -- Other Investments -- Return on Investment (ROI) -- General Fund -- Investment Accounts -- Equities Investments -- Sukuk Investments -- Real Estate Investments -- Other Investments -- Return on Investment (ROI) -- Family Funds -- Sukuk Investments -- Investment Accounts -- Investments in Equities -- Real Estate Investments -- Other Investments -- Return on Investment (ROI) -- Conclusion -- Chapter 6: Locating the Differences Between Actual and Desired Investment Portfolios -- Shareholders' Fund -- General Fund -- Family Funds -- Conclusion -- Chapter 7: Contextualising the Findings -- Overall Portfolio Compositions -- Shareholders' Fund -- General Fund -- Family Funds -- Investment Accounts -- Shareholders' Fund -- General Fund -- Family Funds -- Investment in Sukuks -- Shareholders' Fund -- General Fund -- Family Funds -- Investment in Equities -- Shareholders' Fund -- General Fund -- Family Funds -- Return on Investment (ROI) -- Shareholders' Fund -- General Fund -- Family Funds -- Mutual Funds/Unit Trusts -- Real Estate Investments -- Conclusion -- Notes -- Chapter 8: Conclusion and Recommendations -- Main Findings of the Study -- Recommendations of the Study -- Regulatory Authorities -- Takaful Operating Companies -- Islamic Banks/Windows -- Research Limitations -- Recommendations for Future Research -- Conclusion -- Note -- Appendix A: Questionnaire and Interview -- Questionnaire -- Interview Questions.

Part I: Structured Interview -- Part II: Unstructured Interview -- Appendix B: Empirical Results -- Appendix C: Exchange Rate Trends -- Bibliography -- About the Authors -- Dr. Abdulrahman Khalil Tolefat -- Dr. Mehmet Asutay -- Index.