Aly Khorshid

Islamic Insurance (eBook, ePUB)

A Modern Approach to Islamic Banking

• Format: ePub

Produktbeschreibung

they can no longer ignore the need for banking and insurance. There is no prohibition in Islamic law against banking, nor insurance; similarly, Muslims can create insurance schemes that use their faith as the immutable basis for a working model. Aly Khorshid demonstrates how initial clerical apprehensions were overcome to create pioneering Muslim-friendly banking systems, and applies the lessons learnt to a workable insurance framework by which Muslims can compete with non-Muslims in business and have cover in daily life. The book uses relevant Quranic and Sunnah extracts, and the arguments of pro- and anti-insurance jurists to arrive at its conclusion that Muslims can enjoy the peace of mind and equity of an Islamic insurance scheme.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 248
• Erscheinungstermin: 12. Februar 2004
• Englisch
• ISBN-13: 9781134387342
• Artikelnr.: 38244845

Autorenporträt

Aly Khorshid , born in Egypt, received his Ph.D. from the University of Leeds in 2001. He is a researcher in Islamic economics, and a consultant to Islamic banks and Islamic institutions in both the Middle East and Europe. Besides being a company director, he is also on the board of management of several companies. Dr Khorshid has published various articles on Islamic economics.

Inhaltsangabe

Introduction 1. The Meaning of Insurance in Islam 2. Riba (Usury) and
Gharar (Risk) 3. Pre-Modern and Modern Jurists' Standing on Insurance 4.
The Development of Mutual Insurance in the West 5. The Development of
Islamic Banking and Insurance in Malaysia: A Case Study 6. The Development
of Islamic Banking and Insurance in Saudi Arabia: A Case Study 7. Basic
Principles for an Insurance Scheme Acceptable to the Islamic Faith 8.
Conclusion