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.
Author(s): Adnan Malik, Karim Ullah
Publisher: Palgrave Pivot
Year: 2019
Language: English
Pages: 208
Tags: Islamic Finance, Takaful, Insurance
Front Matter ....Pages i-xxv
Insurance (Adnan Malik, Karim Ullah)....Pages 1-16
Insurance from the Shariah Perspective (Adnan Malik, Karim Ullah)....Pages 17-32
Takaful and Its Shariah Compliance (Adnan Malik, Karim Ullah)....Pages 33-43
Risk and Its Mitigation Techniques (Adnan Malik, Karim Ullah)....Pages 45-51
Takaful Models (Adnan Malik, Karim Ullah)....Pages 53-74
Family Takaful (Adnan Malik, Karim Ullah)....Pages 75-94
General Takaful (Adnan Malik, Karim Ullah)....Pages 95-111
Re-takaful (Adnan Malik, Karim Ullah)....Pages 113-120
Distribution Channels (Adnan Malik, Karim Ullah)....Pages 121-127
Underwriting Management (Adnan Malik, Karim Ullah)....Pages 129-153
Claim Management (Adnan Malik, Karim Ullah)....Pages 155-182
Regulating and Supervising Takaful (Adnan Malik, Karim Ullah)....Pages 183-190
Back Matter ....Pages 191-193
