Implementing Takaful in India - Syed Ahmed Salman

Implementing Takaful in India

Prospects, Challenges, and Solutions
Buch | Softcover
119 Seiten
2022 | 1st ed. 2021
Springer Verlag, Singapore
978-981-16-6283-6 (ISBN)
106,99 inkl. MwSt
This book encourages insurance companies and regulators to explore offering Islamic insurance to boost the insurance industry in India. 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.
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.

Syed Ahmed Salman is Senior Lecturer (Assistant Professor) at Faculty of Business and Accountancy, Lincoln University College, Malaysia. He holds a Ph.D. in Islamic Banking and Finance from the Institute of Islamic Banking and Finance, International Islamic University Malaysia, and is a researcher of Islamic finance, with a particular focus on Takaful. 

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.

Erscheinungsdatum
Zusatzinfo 23 Illustrations, color; 1 Illustrations, black and white; XXII, 119 p. 24 illus., 23 illus. in color.
Verlagsort Singapore
Sprache englisch
Maße 155 x 235 mm
Themenwelt Wirtschaft Betriebswirtschaft / Management Finanzierung
Betriebswirtschaft / Management Spezielle Betriebswirtschaftslehre Versicherungsbetriebslehre
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Wirtschaft Volkswirtschaftslehre Finanzwissenschaft
Schlagworte Challenges in Implementing Takaful in India • Islamic Dimensions of Risk Management • Islamic insurance • Takaful Products and Models • Takaful vs Conventional Insurance in India • Viability of Takaful in India
ISBN-10 981-16-6283-5 / 9811662835
ISBN-13 978-981-16-6283-6 / 9789811662836
Zustand Neuware
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