Implementing Takaful in India : prospects, challenges, and solutions / Syed Ahmed Salman.
2021
HG8703 .S35 2021
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Details
Title
Implementing Takaful in India : prospects, challenges, and solutions / Syed Ahmed Salman.
Author
Salman, Syed Ahmed, author.
ISBN
9789811662812 (electronic bk.)
9811662819 (electronic bk.)
9789811662805
9811662800
9811662819 (electronic bk.)
9789811662805
9811662800
Published
Singapore : Springer, [2021]
Copyright
©2021
Language
English
Description
1 online resource : illustrations (chiefly color)
Item Number
10.1007/978-981-16-6281-2 doi
Call Number
HG8703 .S35 2021
Dewey Decimal Classification
368/.954
Summary
This book encourages insurance companies and regulators to explore offering Islamic insurance to boost the insurance industry in India. The distinctive features of Takaful also make it appealing even to non-Muslims. According to the 2012 World Takaful Report, India has immense potential for Takaful is based on the size of its Muslim population and the growth of its economy. However, it is surprising that Takaful has yet to be introduced in India since it has been offered in non-majority Muslim countries, such as Singapore, Thailand, and Sri Lanka. When the concept and practice of Takaful are examined, it is free from interest, uncertainty, and gambling. These are the main elements prohibited in Islam. However, it has been evidenced that these elements are also banned in teaching other religions believed by the Indians. Given this landscape, this book fills the gap in research on the viability of Takaful in India, focusing on its empirical aspects by examining the perception of Indian insurance operators toward Takaful.
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Includes bibliographical references.
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Access limited to authorized users.
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text file
PDF
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed October 14, 2021).
Available in Other Form
Implementing Takaful in India.
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Table of Contents
Introduction of Takaful in India
Risk, Risk Management and Insurance: Conventional and Islamic Dimensions
Takaful: Concept, Principles, Types, And Models
Takaful in Non-Muslim Countries: A way Forward
Research Methodology
Findings from Interviews with Insurance Operators
Conclusion and Suggestions.
Risk, Risk Management and Insurance: Conventional and Islamic Dimensions
Takaful: Concept, Principles, Types, And Models
Takaful in Non-Muslim Countries: A way Forward
Research Methodology
Findings from Interviews with Insurance Operators
Conclusion and Suggestions.