Abstract:
This study has been conducted with an aim to fnd the impact of Enterprise Risk Management (ERM)
Implementation on the Financial Performance of the world Takaful Industry. In this regard, ERM implementation
level has been measured. There are also employed two control variables in the study that are age and Gross
Domestic Product (GDP). On the other side the fnancial performance is measured in terms of its indicators Return
on Investments (ROI) and Earnings Per share (EPS). A sample of 30 Takaful Firms from 10 countries has been taken
for a period of 4 years (2014-2017). The study is quantitative in nature and secondary data has been used for this
purpose. The hypotheses are being tested one by one through correlation and regression analysis. The fndings can
be utilized for the advancement of ERM within the Takaful Industry, making it strength of industry rather than a
business risk.