eBook

Takaful and mutual insurance

Gönülal, Serap O

2012,2013,2014

Overview

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.

• Publisher: THE WORLD BANK,World Bank,World Bank Publications,The World Bank,Washington, DC: World Bank
• Subject: Access to insurance / Accounting / actuarial science / actuaries / amount of capital / Arab countries / Assets / Assurance / auditors / balance sheet / balance sheets / bilateral transaction / bond / broker / BUS027000 - BUSINESS & ECONOMICS / BUS068000 - BUSINESS & ECONOMICS / Business / business laws / capacity building / capital adequacy / capital base / capital markets / capital requirements / casualty insurance / central banks / Chapter 13 / Chapter 7 / claim / commercial law / commissions / conflict of interest / conflicts of interest / consumers / Consumption / Contracts / contractual terms / conventional insurance / Cooperative Insurance / Cooperatives / Corporate Governance / coverage / credit standing / criminal law / debt / debt instruments / debts / deficits / dependent / Deposit / Deposits / developing countries / Development / Development Bank / dividends / Earthquake Insurance / Economic Development / emerging economies / equities / equity holders / estate / Family / Finance / Finance and Financial Sector Development / finances / financial constraints / financial crisis / Financial Flows / Financial Institutions / financial reporting / Financial services / free assets / global market / good governance / holding / Holdings / Households / implicit guarantee / Income / indemnity / Industry / Inflation / insolvencies / Instrument / Insurance / Insurance -- Islamic countries / insurance broker / Insurance Companies / insurance company / Insurance Exchange / insurance funds / insurance industry / insurance market / Insurance Markets / insurance policy / insurance premiums / insurance products / insurance regulation / insurance regulations / insurance risk / Insurance Supervisors / insured events / insured risks / Insurers / integrity / interest Cost / interest income / interest rates / interests of stakeholders / International Bank / International bank for reconstruction and development / international trade / investing / investment activities / investment decisions / investment instruments / investment opportunities / Investment risk / investment risks / Investment Strategy / investments in equities / Islamic bonds / Islamic countries / Islamic finance / Islamic Financial Institutions / Islamic Financial Services / Islamic Insurance / Islamic investments / Islamic markets / Islamic transactions / issuance / joint stock companies / joint stock company / judgment / jurisdiction / Jurisdictions / lack of transparency / Legislation / leverage / liability / liability insurance / life insurance / loan / long-term investment / loss of property / Low income / market development / Market Share / market value / merger / Micro Insurance / Microcredit / microfinance / microfinance institution / Microinsurance / minimum capital requirements / Monetary Fund / mortgage / Muslims / nonpayment / ownership structure / ownership structures / Policyholders / Poor / poor reputation / portfolio / Poverty Alleviation / principal-agent relationship / profitability / programs / property investments / quality of assets / Regulation / Regulatory Framework / regulatory frameworks / Reinsurance / reinsurance companies / reinsurers / reserves / return / returns / riba / Risk / risk allocation / risk capital / Risk management / Risk mitigation / risk premiums / Risk sharing / risk transfer / Risk Underwriting / risk-sharing arrangements / risk-sharing mechanism / savings / secondary markets / settlements / shareholder / Shareholders / Solvency / solvent / Specific debt / Standardization / sukuk / supervisory board / sustainability / Takaful / Takaful products / Takaful-Mutual insurance in Christianity and Judaism-Mutual Insurance-Insurance risk management-Commercial Insurance models / tax / tax incentives / trading / transaction / Treasury / treaties / treaty / trust fund / turnover / Underground economy / underwriters / winding up
• ISBN: 0821397249, 9780821397244, 9780821397251, 0821397257