Encyclopedia of Islamic Insurance, Takaful and Retakaful

Download or read book Encyclopedia of Islamic Insurance, Takaful and Retakaful written by Mohd Ma'Sum Billah and published by Edward Elgar Publishing. This book was released on with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial} 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.