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UNIVERSITI UTARA MALAYSIA COLLEGE OF BUSINESS SEMESTER I 2011/2012 BWRS 2013 : TAKAFUL GROUP ASSIGNMENT

Instruction: 1. In your group, get an article (journal/ proceedings/ magazine/ newspaper cutting/annual report) according to your number of group member related to the topics given (5-6 article per group).

2. The topics: a. b. c. d. e. f. g. h. i. j. k. l. Al-Gharar Al-Maisir Ar-Riba Risk Management in Takaful Tabarru Takaful Development in Malaysia : Past and Present. Takaful Business Model: Pure and Modified Mudharabah Takaful Business Model: Pure and Modified Wakalah Takaful Business Model: Waqf Legal issues in Takaful Issues in General Insurance /Takaful Claims Issues in Life Insurance/ Family Takaful Claims (Note: For both (k) and (l), you can select 5-6 relevant cases from http://www.fmb.org.my) Comparison of Family Takaful with Life Insurance and Investment linked scheme Role of Actuaries in Takaful Operations Retakaful: Malaysia and worldwide. Potential Growth of Takaful Industry in the future.

m. n. o. p.

3. Based on the article, write a report not more than 4 pages (not inclusive any flow chart/ diagram / etc) type written in Times News Roman size 12, 1 spacing (approximately 1000 words) on the topics; and comb-binding.

4. The report shall contain the following: a. Introduction the fundamental or definition of the title key word (approximately 1 page) b. Contents Issues/ framework/ flowchart etc. (2 pages in writing not inclusive charts/graphs/ pictorial report/etc.) c. Conclusion - (1 page) 5. A group must present their report in class presentation with own creativity. Maximum time given is 10 minutes and 10 minutes for Q & A. 6. Complete report without correction must be submitted before 29/12/2011. 7. Marking scheme (of 25% overall marks): a. b. c. d. 10% on contents 5% on report writing 5% on report writing presentation 5% on report oral presentation (via peer evaluation)

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