The aim of this paper is to investigate how the takaful industry can address issue technological advancement. Furthermore, explore way by which operators compete with fintech insurers as well in areas should focus on innovate, e.g., technology or products, Additionally, find out if there are any shariah concerns jump bandwagon these insurers, findings research show that impact innovations exten...

Islamic insurance (takaful) companies have continuously used the latest technology to serve their customers better. One of potential technologies that takaful operators can consider is drones. Nonetheless, adoption drones has shown an imbalanced pattern between regions, with some countries displaying more commendable experiences than others. In context Malaysia, such be regarded as negligible, ...

Despite the increasingly important role that fintech play in takaful industry, academic research this area is quite limited. The overall aim of paper it thus to explore potential use Islamic insurance especially terms its opportunities and challenges. Specifically, big data analytics robo-advisory were explored how operators might incorporate them for better customer experience gathering compet...

Takaful operators are part of the Islamic financial institutions that expected to achieve commercial and social objectives by their stakeholders particularly takaful participants (policyholders). First, this study aims postulate a new framework measure cost effectiveness including economic benefits drone-assisted technology in context maqāṣid Shariah. Second, intends investigate how industry ca...

Islamic insurance(takaful) companies use cutting-edge technology to serve their customers better. Drone adoption in the sector has been intermittent, with certain regions of globe making more this than others. The process identifying corpses (often large numbers) after a catastrophe is known as disaster victim identification. This study provides preliminary results based on cost-effectiveness a...

This paper highlights the contemporary issues related to credit risk in Islamic banking and Takaful (insurance). These two areas of the Islamic finance are facing several challenges that need to be highlighted. Both are witnessing a global and regional increase in demand and have bright future. In order to secure proper growth, it is essential to adopt proper strategies regarding credit risk ma...