回教保险财务稳定性的决定因素:伊斯兰教法监督委员会的调节作用

IF 2.5 Q2 BUSINESS, FINANCE
Yosra Ridha BenSaid, Majdi Anwar Quttainah
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引用次数: 0

摘要

目的本文旨在研究董事会有效性(BODE)、财务决定因素、回教保险特定决定因素以及回教保险企业财务稳定性与伊斯兰教法监事会质量(SCQ)之间的关系。设计/方法/途径作者采用层次回归分析法研究了回教保险财务稳定性的决定因素,并以中东和南亚地区 10 个国家的 19 家上市回教保险公司为样本,检验了 SCQ 在 2016-2022 年间的调节作用。研究结果研究结果表明,SCQ 负向调节了 BODE、回教保险模式、多元化战略、偿付能力、流动性和回教保险财务稳定性之间的正相关关系。伊斯兰教法治理在提高回教保险的财务稳健性和伊斯兰教法合规性方面发挥着至关重要的作用。研究结果仅限于中东地区和南亚,可能无法推广到其他地区。本研究仅提供了 19 家回教保险公司的数据。此外,它还可作为招聘伊斯兰教法董事会成员、选择回教保险模式和适当战略的指南,以提高其财务稳定性。原创性/价值本研究对回教保险的财务稳定性和 SCQ 的调节作用进行了研究,这与其他大多数侧重于财务绩效的研究不同。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The determinants of Takaful insurance financial stability: the moderating role of Shari’ah Supervisory Board

Purpose

The purpose of this paper is to examine how the board of directors effectiveness (BODE), financial determinants, Takaful-specific determinants and the Takaful firms’ financial stability are related to the Shari’ah Supervisory Board’s quality (SCQ).

Design/methodology/approach

Using hierarchical regression analysis, the authors examine the determinants of financial stability of Takaful insurance and the authors test the moderator role of SCQ over 2016–2022 on a sample of 19 listed Takaful firms in 10 countries in the Middle East and South Asia region.

Findings

The findings reveal that SCQ negatively moderates the positive relationship between BODE, the Takaful model, diversification strategy, solvency, liquidity and Takaful financial stability. Shari’ah governance plays a crucial role in improving the financial soundness and the Shari’ah compliance of Takaful insurance.

Research limitations/implications

This paper includes two main limitations. The results are restricted to the Middle East region and South Asia and may not be generalized to other areas. The study presents data from only 19 Takaful firms.

Practical implications

This kind of investigation is of immense relevance to enhance the understanding of governance and soundness of Takaful companies. Furthermore, it serves as a guide to the recruitment of Shari’ah board members, the choice of Takaful model and appropriate strategy to increase its financial stability.

Originality/value

This research studies the financial stability of Takaful insurance and the moderating role of SCQ, unlike the majority of other works that focus on financial performance.

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来源期刊
CiteScore
4.80
自引率
22.70%
发文量
78
期刊介绍: The journal provides a dynamic forum for the advancement of accounting and business knowledge based on Shari’ah and Islamic activities that have an impact on the welfare of society. JIABR publishes articles on the interplay between Islamic business ethics, accounting, auditing and governance, in promoting accountability, socio-economic justice (adl) and everlasting success (al-falah). It seeks to inform, among others, current theoretical and empirical research and practice in Islamic accounting, auditing and corporate governance, management of Islamic organizations, accounting regulation and policy for Islamic institutions, Shari’ah auditing and corporate governance, financial and non-financial performance measurement and disclosure in Islamic institutions and organizations. All styles of research, theoretical and empirical, case studies, practice-based papers and research notes that are well written and falling within the journal''s scope, are generally welcomed by the journal. Scope/Coverage Development of accounting, auditing and corporate governance concepts based on Shari’ah Socio-political influence on accounting and auditing regulation and policy making for Islamic financial institutions and organizations Historical perspectives on Islamic accounting, auditing and financial management Critical analysis on issues and challenges on accounting disclosure and measurement, Shari’ah audit and corporate governance Controls and risks in Islamic organizations Financial and non-financial performance measurement and disclosure.
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