Risk And Risk Management Of Takaful Industry
Islamic finance consists of Islamic banking, Islamic insurance and Islamic capital market. Being one of the major elements, takaful (Islamic insurance) does have a significant role in the industry. The concept of takaful is where a group of people participate in a scheme that enables them to share the burden of any misfortunes faced by any of the participants/policyholders, and where appropriate, compensation are paid using the funds contributed by the participants.
When requesting a correction, please mention this item's handle: RePEc:grg:01biss:v:4:y:2012:i:1:p:29-39. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (editor)
If references are entirely missing, you can add them using this form.