Islamic Insurance Opertunities and Challenges
From HodHood
Contents
Top 20 FREQUENT WORDS
takaful 23 insurance 20 muslim 17 countries 14 sector 9 model 8 cooperative 7 islamic 6 microinsurance 6 mutual 6 population 6 challenges 5 poverty 5 awareness 4 council 4 established 4 financial 4 growing 4 possibilities 4 providing 4
DOCUMENT KEY POINTS
- million netherlands germany million uk million
- takaful in non muslim countries is there a need country est
- ruling by the european council of fatwa and research a it is well known that in most non islamic countries there are cooperative and mutual insurance companies
- so it is unlawful for a muslim living in a country where there is such a cooperative insurance company to make an agreement with a commercial insurance companya
- the possibilities in non muslim countries there is a growing awareness and demand for islamic financial instruments including insurance in non muslim countries
- in particular the shari ah ruling presents an opportunity for cooperative and mutual insurers to penetrate this niche market with minimal costs
Please note, This is an auto generated summary based on sentances position in the document and other factors
DOCUMENT WORD ANALYSIS
Main Category
- AlHuda Material\takaful
KeyWords
taka islam insur malaysia productdeferred shariah countries muslim financial retakaful model growth custom partner developed service mutual bankable provided scheme
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DOCUMENT REFERENCES
Number of Pages
30
Published Date
2016-09-17 01:18:12
