Encyclopedia of Islamic Insurance, Takaful and Retakaful

authors

  • Billah Mohd
  • Ghlamallah Ezzedine
  • Alexakis Christos

keywords

  • Takaful
  • Islamic finance
  • Islamic insurance

document type

OUV

abstract

The model of Islamic insurance policy is based on the principles of mutual cooperation, brotherhood and solidarity. This timely volume contradicts the widely-held belief that insurance policies oppose the teachings of Islam, exploring ways in which it coheres with Shari’ah law. The book explores Takaful, an insurance paradigm that is in accordance with Islamic principles and suits the needs of modern Islamic economies and communities.

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