AN ANALYSIS OF THE IMPLEMENTATION OF SHARI’AH PRINCIPLES IN THE MANAGEMENT OF TAKAFUL
Published In: 4TH INTERNATIONAL CONFERENCE ON ADVANCES IN ECONOMICS, MANAGEMENT AND SOCIAL STUDY
Author(s): ABDULLAH B HJ ABDUL GHANI , MARYAM DIKKO
Abstract: This study was conducted to establish the level of knowledge of the management of takaful providers in Nigeria of Islamic financial principles relating to takaful and to determine whether the management operations of the takaful providers are in complete compliance with Islamic financial principles relating to their chosen takaful model. Using qualitative research techniques, the study discovered that the majority of persons chosen to run takaful units were inadequately educated concerning takaful. It was also discovered that some takaful providers had issues with shari’ah compliance to conditions for the validity in Islamic law of their chosen mode of financing. The paper concluded with recommendations to ensure persons dealing in the provision of takaful are adequately educated and mechanisms put in place to regulate takaful operations particularly those pertaining to modes of financing
- Publication Date: 27-Sep-2015
- DOI: 10.15224/978-1-63248-071-2-36
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VAT REFORM IN BANGLADESH : PERSPECTIVES ON TAX MORALE
Published In: 4TH INTERNATIONAL CONFERENCE ON ADVANCES IN ECONOMICS, MANAGEMENT AND SOCIAL STUDY
Author(s): S M SALEH REZA , MAHIR MUSLEH , MAHPARA NODEE , MD. SHAHIDUZZAMAN SARKAR
Abstract: Value-Added Tax (VAT) remains as a strong source of revenue generation in the economy of Bangladesh while tax evasion is rampant in the economy. Taxation is often unpopular and it even might hurt the economy if the tax revenues are not spent well by governments. Policies undertaken by the governments all over the world do not depend solely on benefit of the whole country but also depends on other factors. Personal benefit of politicians, election time, corruption etc. plays a significant role in designing and undertaking policies. VAT is an indirect tax and almost 38% of National Board of Revenue (NBR) revenue comes from it as per FY2011-2012. For the same fiscal year the income tax contributed almost 30% of revenues collected by NBR. The paper explores the literature and available data on tax morale – defined as the motivation of a country’s citizens to paying taxes. This paper takes a critical look at the Tax morale of the people of Bangladesh. The paper also puts tree diagram to sug
- Publication Date: 27-Sep-2015
- DOI: 10.15224/978-1-63248-071-2-37
- Views: 0
- Downloads: 0