Publication:
Takaful insurance: concept, history and development challenges
Abstracts views
260
Views & Download
23
Date
2011
SDG:
Abstract
Takaful is derived from its Arabic root word 'kafala' which literally means 'to guarantee'. In terms of usage and implication, the term kafala certainly, denotes the agreement by one party to indemnify another for any liability that has been pre-agreed upon.
Keywords
Takaful , Islamic insurance , Concept of kafala , Conventional insurance , Takaful industry
Citation
Alhabshi, S. O., & Shaikh Abdul Razak, S. H. (2011). Takaful insurance: concept, history and development challenges. In M. Ariff & M. Iqbal (Eds.), The foundations of Islamic banking: theory, practice and education (pp. 184-207). Cheltenham, Glasglow: Edward Elgar Publishing Limited.
Publisher
Edward Elgar Publishing Limited
Available in physical copy and ProQuest Ebook Central (Call Number: HG 3368 A6 F771)