Model and Operations of Islamic Insurance (Takaful) in Thailand

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Abbas Labduang
Tawat Noipom


Islamic insurance industry (Takaful) has continued to grow over the past several decades around the world. Takaful products are in demand in Muslim countries and in countries with Muslim minority. The demand for products in the market tends to be high. However, there is little understanding of Takaful industry. this research The objective of this study was to study the style and implementation of Takaful used in Thailand. In this research, qualitative research methods were used by collecting and reviewing articles. from the sources of academic documents and related research and in-depth interviews from key informants

          The results showed that Takaful is based on the principle of voluntary contributions (Ta'awun) and voluntary donations (Tabarru), with four basic elements: (1) sincerity, (2) integration. Shariah conditions (3) Morality and ethics in conducting business (4) No elements that are contrary to Shariah. There are several forms of Takaful operations, including Mudarabah, Wakalah, and a mix of Mudarbah and Wakalah. But the one that is used in Thailand is the Mutarabah style. Implementing Takaful Fundamentally, the project participants will have the primary objective of The Wakalah operation model is Management contracts that the participants want to fund managers. Perform tasks on their behalf (Wakeel) and follow the set guidelines.



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Labduang, A., & Noipom, T. (2022). Model and Operations of Islamic Insurance (Takaful) in Thailand. Journal of Humanities and Social Sciences, 18(1), 184–208. Retrieved from
Research Article
Author Biography

Abbas Labduang, Faculty of Islamic Sciences, Prince of Songkla University, Pattani campus

Candidate, Ph. d.  (Islamic Studies), Faculty of Islamic Sciences, Prince of Songkla University, Thailand, 2018

M.B.A. (Agribusiness Management), Faculty of Economics, Prince of Songkla University, Thailand, 2014

B.A. (Islamic Economics and Management) Second Class Honors, Collage of Islamic Study, Prince of Songkla University, Thailand, 2011


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มนชยา อุรุยศ. (2559). การเปรียบเทียบความมีประสิทธิภาพของอุตสาหกรรมประกันภัยระกว่างประกันภัยทั่วไปกับตะกาฟุล. ชุดโครงการวิจัย การเงินอิสลามกับการขับเคลื่อนเศรษฐกิจไทย. กรุงเทพ. ศูนย์นโยบายโลกมุสลิม คณะเศรษฐศาสตร์. จุฬาลงกรณ์มหาวิทยาลัย.
พงศ์ระพีพร อสภากร, ปิยวัลย์ ศรีจำ, พิมพัชรา กุศลวิทิตกุล, และนงนุช ตันติสันติวงศ์. 2553. แนวทางการพัฒนาระบบการเงินฐานรากตามหลักการศาสนาอิสลามในประเทศไทย. ชุดโครงการ”ไทย-โลกมุสลิม”. สนับสนุนโดยสำนักงานกองทุนสนับสนุนงานวิจัย.
ชฎิล โรจนานนท์, อรรถพล อรรถวรเดช, นรินทร กลันทกพันธุ์, และรินทร์ธิยา เธียรธิติกุล 2553. การศึกษาแนวทางปรับปรุงกฎหมายเพื่อส่งเสริมการพัฒนาธนาคารอิสลามแห่งประเทศไทย. ชุดโครงการ”ความสัมพันธ์ทางเศรษฐกิจระหว่างประเทศไทยกับประเทศในตะวันออกกลาง”. สนับสนุนโดยสำนักงานกองทุนสนับสนุนงานวิจัย.