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New Publication by Experts from The International Islamic University Malaysia (IIUM) Offers Comprehensive Overview of Current Issues and Practices in Governance for Takaful and re-Takaful Operations

09/25/2012

Wiley is pleased to announce the publication of Accounting, Auditing and Governance for Takaful Operations, a comprehensive guide to current issues and practices in governance for Takaful and re-Takaful operations. This book will serve as a primer to Accounting students and practitioners who are unfamiliar with Islamic finance and Takaful operations.

This book covers the basic accounting principles and practices of Takaful operations, including the segregation of assets, liabilities, income, and expenditures between the Takaful operator and participants; the setting aside of cash reserves for meeting outstanding claims and future claims; and the management of revenue and expenditure. It offers a thorough education in Takaful operations based on real-world experience and packed with illustrative case studies to reinforce the learning experience.

Paperback and e-book now available.

Visit www.wiley.com/buy/9781118503959 for links to purchase online.
About The International Islamic University Malaysia:

The International Islamic University Malaysia (IIUM) was established in 23 May 1983, founded on Islamic principles with the aim to become the premier Islamic university in the world. It was meant to be a comprehensive international high education institution, "inspired by the world-view of Tawhid and the Islamic philosophy of the unity of knowledge as well as its concept of holistic education". Islamic values are inculcated into all disciplines.

IIUM is noted for its Institute of Islamic Banking and Finance (IIiBF). IIiBF was officially established on January 2005 as a centre of excellence for education and research in Islamic banking and finance with the aim of educating and producing competent graduates and scholars knowledgeable in Shari'ah and related modern disciplines pertaining to the fields of law, economics, finance, management, accounting and information technology. At IIiBF, students are given thorough groundings in both theoretical and applied research on Islamic banking and finance with industry exposure so as to develop their creative skills in devising new and comprehensive Islamic financial instruments and products for the public and the industry at large.

IIUM’s main campus is located in Gombak, Selangor in Malaysia. The university is sponsored by eight different governments from the Organisation of the Islamic Conference (OIC).

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