Evidence on the Relationship between Takaful Insurance and Fundamental Perception of Islamic Principles

One of the complexities overarching the concept of Islamic insurance is anchored in the belief system pertaining to fundamental Islamic Law, while another is embedded in the role of profit within the takaful contract. The purpose of this study is to empirically explore the association between the aw...

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Bibliographic Details
Main Authors: Maysami, Ramin Cooper, Williams, John Joseph
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2006
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/269
https://ink.library.smu.edu.sg/context/soa_research/article/1268/viewcontent/EvidenceontheRelationshipbetweenTakafulInsuranceandFundam.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:One of the complexities overarching the concept of Islamic insurance is anchored in the belief system pertaining to fundamental Islamic Law, while another is embedded in the role of profit within the takaful contract. The purpose of this study is to empirically explore the association between the awareness of the existence of Islamic insurance (takaful) and religious perceptions of this financial service.