Rationalizing the Takaful Organizational Form with Institutional Theory (2022)
Book Chapter
Alhalboni, M., Ebrahim, M., & Jatmiko, W. (2022). Rationalizing the Takaful Organizational Form with Institutional Theory. In D. Nguyen (Ed.), Handbook of Banking and Finance in Emerging Markets (506-522). Edward Elgar Publishing. https://doi.org/10.4337/9781800880900.00036

This article examines the organizational structure of Takaful ('Islamic' insurance) as it constitutes an interesting case study of a relatively inefficient system that has grown in popularity. This challenges the neoclassical economics view that the... Read More about Rationalizing the Takaful Organizational Form with Institutional Theory.