Takaful and Islamic Cooperative Finance

Takaful and Islamic Cooperative Finance
Author :
Publisher : Edward Elgar Publishing
Total Pages : 374
Release :
ISBN-10 : 9781785363368
ISBN-13 : 1785363360
Rating : 4/5 (360 Downloads)
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Book Synopsis Takaful and Islamic Cooperative Finance by : S. Nazim Ali

Download or read book Takaful and Islamic Cooperative Finance written by S. Nazim Ali and published by Edward Elgar Publishing. This book was released on 2016-07-27 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic finance distinguishes itself from conventional finance with its strong emphasis on the moral consequences of financial transactions; prohibiting interest, excessive uncertainty, and finance of harmful business. When it comes to risk mitigation, it is unique in its risk sharing approach.


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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 a