Islamic insurance
Book Description
The world of Islamic finance continues to expand beyond traditional banking, and Takaful represents one of its most significant developments in ethical financial services. This comprehensive guide explores the rapidly growing field of Islamic insurance, which operates across thirty countries and offers both life and non-life coverage based on principles of mutual cooperation and shared responsibility.
Editor Sohail Jaffer brings together insights from twenty-one specialist contributors to examine every dimension of this evolving industry. The book delves into various Takaful models and their ongoing development, addressing the unique opportunities and challenges that both traditional and Islamic financial institutions encounter when providing, distributing, and underwriting these products.
Readers will discover practical approaches to business models, retail strategies, and marketing techniques specifically designed for Islamic insurance services. The text examines innovative distribution methods, including joint ventures and integration within conventional bancassurance systems. Special attention is given to emerging markets in Northern and Southern Africa, where creative adaptations are reshaping the industry landscape.
The comprehensive coverage extends to critical operational considerations, including legal frameworks, regulatory compliance, and company rating systems. Written by experienced professionals who understand the complexities of Takaful operations, this resource serves as an essential reference for anyone seeking to understand the mechanisms, challenges, and opportunities within the Islamic insurance marketplace.
Who Is This For?
📖 Reading Level: Medium (200-400 pages) (~7 hours)
📄 Length: 235 pages
What You'll Discover
- ✓ Explore Courtage d'assurance
- ✓ Explore Insurance
- ✓ Explore Insurance business
- ✓ Explore Risk Assessment & Management
- ✓ Explore Banks and banking
- ✓ Explore Assurance
- ✓ Explore Assurance (Droit islamique)
- ✓ Explore Banques
