Fungsi Dan Tanggungjawab Kakitangan Bukan Syariah Dalam Pengurusan Risiko Syariah: Kajian Terhadap Praktis Syarikat Takaful di Malaysia (Functions And Responsibilities of Non-Shariah Staff In Shariah Risk Management: A Study of Malaysian Takaful Companies)
Keywords:Non Shariah Staff, Shariah Risk Exposures, Shariah Risk Management, Takaful Operators
Basically, shariah risk management in the takaful industry is responsible to those specialize in shariah studies (fiqh and usul, fiqh muamalat) namely Shariah Committee (SC) of Takaful Operator and Internal Shariah Department of Takaful Operator. Nonetheless, non-shariah staff, other than SC and Internal Shariah Department of Takaful Operators, also play an important role in managing shariah risk exposures in the operations of Takaful Operator. According to section 29 (3) Islamic Financial Services Act 2013 (IFSA 2013) which states that the Chief Executive Officer and Officer including any of the staff of the Takaful Operator are responsible for ensuring shariah compliance in the operation of Islamic financial institutions. Therefore, this study will analyze a using qualitative approach by interviewing respondents who are involved with the operations of takaful companies in Malaysia. Primary data from the takaful industry is analyzed using coding, memo, inductive and deductive processes using the Computer Assisted Qualitative Data Analysis Atlas.ti 7. The purpose of this research is to identify the roles and responsibilities of non-shariah staff in managing the shariah risk exposures of the Takaful Company in Malaysia. The secondary objective is to analyse and suggest an improvement for competency non-shariah staff in strengthening the shariah risk management of the Takaful Operator. This study found that non-shariah staff, especially front-line staff who are the first party to identify when there are shariah risk exposures in the operations of Takaful Operators. Subsequently, the underwriting staff is the second party to identify if there is any shariah risk exposures in the application of a new takaful contract. Then, the roles and responsibilities of investment-linked personnel staff, risk management staff and also Chief Executive Officer (CEO) of the Takaful Operator who are the non-shariah staff that involved in shariah risk management.
American Institue of Certified Public Accountants and Canadian Institute of Chartered Accountants. (2000). Managing Risk in the New Economy. New York: AICPA.
Archer, S & Haron, A. (2007). Operational Risk Exposure of Islamic Banks” dalam Islamic Finance: The Regulatory Challenge, ed. Acher, S dan Abdel Karim, R. Singapura: John Wiley & Sons.
Ashraf Md Hashim & Muhammad Ali Jinnah Muhammad. (2014) The Parameters of Permissible Risk in Takaful,” ISRA Research Paper 67, 1-27.
Bank Negara Malaysia, General Takaful: A Conceptual Framework, laman sesawang Bank Negara Malaysia, dicapai pada 8 Januari 2013, http://www.bnm.gov.my/files/publication/tkf/en/2005/booklet.en.pdf
Basel Committee on Banking Supervision. (2011) Principles for the Sound Management of Operational Risk. Switzerland: BCBS.
DeLorenzo, Shaykh Yusuf Talal. (2007). Shari'ah Compliance Risk. Chicago Journal of International Law 7, 397-408.
Hammad, N. (2007) Contemporary Islamic Jurisprudence on Monetary and Banking Transactions. Damascus: Dar Al-Qalam.
Islamic Banking and Finance Institute Malaysia (IBFIM), “Training Programs 2016” laman sesawang IBFIM, dicapai 5 Jun 2016, http://www.ibfim.com/?t=tpd&p=cpd&c=training-programs-2016
Karim Ginena. (2014) Shari‘ah Risk and Corporate Governance of Islamic Banks,” Corporate Governance 14(1), 86-103.
Lahsasna, A. (2014). Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance. Kuala Lumpur: Wiley Finance Series.
Mohammad Hashim Kamali. (2008). Shari’ah Law: An Introduction. Oxford: OneWorld Publisher.
Mohd Daud Bakar. (2016). Shariah Minds in Islamic Finance: An Inside Story of a Shariah Scholar. Kuala Lumpur: Amanie Media.
Mohd Faiz Mohamed Yusof, Joni Tamkin Borhan & Nurhanani Romli. (2016) Potensi Keterdedahan Risiko Syariah Syarikat Pengendali Takaful Terpilih Di Malaysia. UMRAN International Journal of Islamic and Civilizational Studies 3(2), 63-78.
Mohd Faiz Mohamed Yusof, Nurhanani Romli & Joni Tamkin Borhan. (2014) Kepakaran dan Tanggungjawab Jawatankuasa Syariah Dalam Menguruskan Risiko Ketidakpatuhan Syariah: Tinjauan Awal Terhadap Industri Takaful Di Malaysia. ESTEEM Academic Journal 10(2), 31-43.
Nawal Kasim, Shahul Hameed Mohamad Ibrahim, & Maliah Sulaiman. (2009) Shariah Auditing in Islamic Financial Institutions: Exploring the Gap Between the “Desired ” and the “Actual .” Global Economy and Finance Journal 2(2), 127–137.
Rusni Hassan etc al. (2017) Rangka Kerja Pengurusan Risiko Syariah Institusi Kewangan Islam: Aplikasi Global Bagi Menangani Risiko Ketidakpatuhan Syariah. Jurnal Kanun 28(2), 131-159.
Sheila Ainon Yussof. (2013). Prospects of A Sharī’ah Audit Framework For Islamic Financial Institutions In Malaysia, Islam and Civilisational Renewal 4(1), 98-99.
Sunlife Takaful Malaysia, “Takaful General Products”, laman sesawang Sunlife Takaful Malaysia, dicapai pada 4 Mei 2015, https://www.sunlifemalaysia.com/page.asp?id=general-takaful
Suruhanjaya Sekuriti, Senarai Sekuriti Patuh Syariah oleh Majlis Penasihat Syariah Suruhanjaya Sekuriti Malaysia 27 November 2015. Kuala Lumpur: Suruhanjaya Sekuriti.
Yazkhiruni Yahya & Nurmazilah Mahzan. (2012) The Role of Internal Auditing In Ensuring Governance in Islamic Financial Institution (IFI). 3rd International Conference On Business And Economic Research (3rd Icber 2012 ) Proceeding, Golden Flower Hotel, Bandung, Indonesia, 12 - 13 March 2012, 1634-1661.
Zurina Shafii, Supiah Salleh & Syahidawati Hj Shahwan. (2010) Management of Shariah Non-Compliance Audit Risk in the Islamic Financial Institutions via the Development of Shariah Compliance Audit Framework and Shariah Audit Programme. Kyoto Bulletin of Islamic Area Studies 3(2), 3–16.
How to Cite
Copyright of articles that appear in UMRAN - International Journal of Islamic and Civilizational Studies belongs exclusively to Penerbit Universiti Teknologi Malaysia (Penerbit UTM Press). This copyright covers the rights to reproduce the article, including reprints, electronic reproductions or any other reproductions of similar a nature.