Determinants of Composite Takaful Operators' Financial Performance

Purpose: This study assessed the determinants that influence takaful operators' financial performance because takaful operators need to consider the determinants so that the companies able to fulfil their roles without serious financial problems. Design/methodology/approach: This study used secondary data to assess the financial information from 2007-2016 of the composite takaful operators gathered from the Central Bank of Malaysia. Findings: All determinants displayed positive relationship except profit rate and retakaful. Research limitations/implications: Limitation of the study is that the data should be separated into the line of businesses either family or general takaful business. Accordingly, the limitation can be future area of research that can be executed in order to understand and perhaps produce a model that will be unique for takaful operators. Keywords: takaful, composite, family takaful, general takaful, insurance