Ascertaining transparency and accountability in the practice of assessment of claims for loss and damage in contractor's all risks (car) takaful

• Main Authors: Mohd Fauzi, Puteri Nur Farah Naadia, Abdul Rashid, Khairuddin, Ahmad Sarkawi, Azila, Aripin, Srazali, Hasan, Sharina Farihah
• Format: Conference or Workshop Item
• Language: English; English; English; English; English; English; English
• Published: Sultan Agung Islamic University (UNISSULA) 2015
• Subjects: BJ1725 Ethics of social groups, classes, etc. Professional ethics; HG8011 Insurance; HG8719 Islamic Insurance Takaful; TH9025 Protection of buildings. Including protection from dampness, fire, burglary
• Online Access: http://irep.iium.edu.my/48421/1/Paper_55_IIUM_transparency_accountability_camera_ready.pdf; http://irep.iium.edu.my/48421/4/28.09.2015-AICIF.jpg; http://irep.iium.edu.my/48421/5/Certificate.pdf; http://irep.iium.edu.my/48421/6/PP_Presentation_55_r1_dr_puteri_iium.pptx; http://irep.iium.edu.my/48421/11/Proceedings_papers.pdf; http://irep.iium.edu.my/48421/12/Cover%20proceedings.pdf; http://irep.iium.edu.my/48421/13/Appendix%2015_16.pdf; http://irep.iium.edu.my/48421/; http://aicif2015.unissula.ac.id
• Institution: Universiti Islam Antarabangsa Malaysia

In construction contracts, it is a pre-requisite for Contractors to secure insurances to cover construction works related risks. Due to the interest and demand to apply Shariah compliance products in business transactions, with the advent of takaful and its products that cover areas including risks...