Takaful and Mutual Insurance

Takaful and Mutual Insurance
Author :
Publisher : World Bank Publications
Total Pages : 226
Release :
ISBN-10 : 9780821397251
ISBN-13 : 0821397257
Rating : 4/5 (257 Downloads)

Book Synopsis Takaful and Mutual Insurance by : Serap O. Gonulal

Download or read book Takaful and Mutual Insurance written by Serap O. Gonulal and published by World Bank Publications. This book was released on 2012-11-15 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takaful, which means 'cooperative', is an insurance approach that is instrumental to providing insurance services to Muslims and others with religious objections to aspects of conventional commercial insurance models, specifically interest payments, uncertainty, or gambling kind of transactions.


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This book provides a comprehensive account of the theory and practice of takaful, which is an Islamic alternative to insurance. The concepts are explained using