Takaful and Islamic Cooperative Finance


Book Description

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.




Takaful and Islamic Cooperative Finance for Beginners!


Book Description

Takaful and Islamic Cooperative Finance for Beginners The strong emphasis on the moral consequences of excessive uncertainty, prohibiting interest, harmful business finance, and other financial transactions distinguish Islamic finance from conventional finance. The risk-sharing approach of Islamic finance is unique when it comes to the mitigation of risk. If you are new to Islamic finance, this authoritative book titled "Takaful and Islamic Cooperative Finance for Beginners" will help you have an excellent knowledge of Islamic finance. This powerful book will: -Show you what Takaful is - the form, function, past, present, and future -Mutuality, cooperation, and solidarity in Takaful -Models of Takaful -such as Waqf-Wakalah Model -Takaful structures and product analysis of Takaful Getting the success-driven book is the only way you can explore all the benefits it has to offer. Even though we are not native speakers, and this product might not contain all the information about Takaful and Islamic Cooperative Finance, you won't regret getting this book. Do you know why? The nuance and context of this great book will be an essential stepping stone for people who want to know about Islamic finance and Takaful. Also, it will be a good resource for practitioners and scholars working in Islamic finance. Additionally, it is going to be a good asset for people who want something that can replace shari'ah-compliant cooperative finance. Saving up to $1000 when getting this product is possible because it fits into the lowest of budgets. Interestingly, this book is 100-percent risk-free, so you can try it for 7-days, and if you are not pleased, you can ask for a refund through our "manage my kindle page" within seven days. You will see a buy button at the upper right side of this page, click it, and you will be able to obtain this reliable product. Whether you are a scholar, practitioner, researcher, or someone who is randomly interested in Islamic finance and Takaful, this book can be a bedrock for excellent and basic knowledge in Takaful and Islamic Cooperative Finance. So, why wait for tomorrow to come when you can get a success-driven and powerful book and gain more knowledge now




Book Review


Book Description

The book is a compilation of select papers presented on the subject at the 11th Harvard University Forum on Islamic Finance, Harvard University, USA. It is edited by S. Nazim Ali and Shariq Nisar.




Introduction to Takaful


Book Description

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 real-life case studies, calculations, and exhibits to aid in reader learning and reflection. Takaful, both as an academic subject and as well as practice, is growing particularly in the world leading financial and learning hubs such as in the UK and the USA and countries with large Muslim populations in Asia, Africa, and Middle East.




Takaful Islamic Insurance


Book Description

Authors Rifaat, Archer and Volker bring an international perspective to the growing Islamic Insurance industry. Drawing on contributions from leading experts around the world, they present a comprehensive view of the very issues governing the industry and its future direction. As top financial institutes around the world seem to enter the lucrative Takaful markets, this timely book offers crucial background information and advice, invaluable for any serious player in the market.




Takaful and Mutual Insurance


Book Description

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.




Islamic Insurance Products


Book Description

The growth of Islamic finance today is undeniable given its services, product innovation, performance and achievements, with the Islamic insurance market being no exception; it has retained global market recognition in a parallel platform as Islamic finance moves forward. There is much written regarding the Islamic insurance system, but rarely do researchers present the various Islamic insurance products and their structures in one collective place. This book is a timely addition in meeting contemporary market demands by providing a much-needed overview of the Islamic insurance products and their Shari’ah compliant structures. This book would be of interest to academics, researchers, students and professionals who are seeking to understand the products offered.




Encyclopedia of Islamic Insurance, Takaful and Retakaful


Book Description

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.







Accounting, Auditing and Governance for Takaful Operations


Book Description

A comprehensive guide to current issues and practices in governance for Takaful and re-Takaful operations As the global demand for Islamic insurance products increases, a thorough understanding of Takaful principles is vital for accountants, auditors, and leaders of companies offering these products. This book covers the basic accounting principles and practices of Takaful operations, including the segregation of assets, liabilities, income, and expenditures between the Takaful operator and participants; the setting aside of cash reserves for meeting outstanding claims and future claims; and the management of revenue and expenditure. Featuring extensive case studies from real-world situations, this book is the perfect primer for accounting students and practitioners unfamiliar with Islamic finance and Takaful operations. Written by experts from the International Islamic University Malaysia, the leading organisation in research in Islamic finance Covers all the major accounting principles and practices Based on real-world experience and packed with illustrative case studies For practicing accountants and business leaders, this book offers a thorough education in Takaful operations while also serving as an excellent guide for undergraduate students and researchers.