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Syria - Devout Muslims turn to Islamic insurers

Posted on 07 October 2009

From Globalarabnetwork.com: According to Ahmad Salouta, a professor of psychology at Damascus University, the interest in Islamic firms springs from the conservative nature of Syrian society, with many people making judgements not only on financial and commercial criteria but also on “a system of values, customs and religious beliefs”.

The idea behind Islamic insurance is to bring together a group of people with limited means to cooperate and help each other, said Abdelkarim al-Saqa, an official at the ministry of religious endowments………………Full Article: Source

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