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BENEFITS OF DOCUMENT

Islamic Banking Fundamentals
Islamic Insurance- Takaful
Board effectiveness in Insurance Companies

DOCUMENT DESCRIPTION

This paper starts with the background of Takaful explaining how it originated and how it has evolved in these many decades. In the next section, the conceptual framework and the main guidelines of Takaful are discussed. In the third section, the difference between underlying principles of the conventional insurance and that of Islamic insurance are highlighted along with a brief about Re-Takaful or re-insurance. Finally, the paper concludes with a brief on the future prospects and the increasing influence of Islamic insurance.

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Source: Corporate Governance in the Islamic Insurance (Takaful) and Traditional Insurance Companies Word document

Corporate Governance in the Islamic Insurance (Takaful) and Traditional Insurance Companies

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This business document is categorized under the function(s): Organization, Change, & HR Governance, Risk, & Compliance

It applies to Investment Banking.

File Type: Word (docx)

File Size: 203.3 KB

Number of Pages: 36

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Initial upload date (first version): Feb 26, 2015

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Corporate Governance in the Islamic Insurance (Takaful) and Traditional Insurance Companies

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