publication . Article . 2015

Suggestion of Islamic Insurance Company Model

Abdullah Ibrahim Nazal;
Open Access
  • Published: 01 Jan 2015 Journal: Asian Economic and Financial Review, volume 5, issue 2 February, pages 320-325
Abstract
This study is one of very few studies which have investigated Islamic Insurance Companies as solution. It explained its operations also comparing with Traditional Insurance Companies and theoretical Islamic insurance models. As result to this study Islamic Insurance companies are profit organization. It helps Islamic banks but it costs customer to face expect risk. Islamic Insurance companies have many ways to get profits and consider all customers installments grants. Its operation gap comes from explanation of Islamic rule which considers part of customers savings in insurance company to buy compensation is the grant not all savings. This can be shown in theor...
Subjects
free text keywords: Islamic insurance, Model, Saving, Islamic insurance company and Manage risks., Casualty insurance, Bond insurance, Economics, Actuarial science, Auto insurance risk selection, Group insurance, General insurance, Key person insurance, Finance, business.industry, business, Risk pool, Insurance policy
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publication . Article . 2015

Suggestion of Islamic Insurance Company Model

Abdullah Ibrahim Nazal;