This paper aims to provide an analysis on how takaful operators choose, which takaful model to adopt when managing their insurance operations.,The research uses a qualitative methodology and uses the Kingdom of Bahrain as a case study. A single/holistic case study design is used to holistically analyse how a takaful operator chooses which takaful model to adopt when managing its insurance operations.,The results reveal that generally, takaful operators adopt either the hybrid wakala-mudharaba or wakala model of takaful, depending on whether a takaful operator is managing/investing the participants’ general or family fund, respectively.,As the empirical data and results pertain to one jurisdiction, it may be difficult to generalize the empirical findings upon other jurisdictions.,This research may have contributed to knowledge by adding to literature empirical data and results in relation to takaful in the Kingdom of Bahrain that may have not previously existed in literature.

中文翻译：

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回教保险经营者如何选择采用哪种模式？巴林王国的个案研究

本文旨在对回教保险经营者如何选择，管理其保险业务时采用的回教保险模型进行分析。该研究采用定性方法，并以巴林王国为例。通过单一/整体案例研究设计来全面分析回教保险运营商在管理其保险业务时如何选择采用哪种回教保险模型。结果表明，回教保险运营商通常采用混合式wakala-mudharaba或wakala回教保险模型，取决于回教保险经营者是分别管理/投资参与者的普通基金还是家族基金。由于经验数据和结果与一个司法管辖区有关，因此可能难以在其他司法管辖区归纳经验结果。