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Islamic Finance Briefing - Categorized | Insurance (Takaful) more

Islamic insurance: A competitive business in Yemen

Posted on 15 February 2012

Takaful, which translates into solidarity in English, is an Islamic monetary concept designed to assist and stabilize the financial situations of individuals, families and organizations.
Takaful is an insurance concept grounded in Islamic muamalat [Islamic banking] which observes the rules and regulations of Islamic jurisprudence. The concept has been practiced in various forms for over 1400 years………………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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