Islamic Insurance: Trends,Opportunities and the Future of Takaful
Business & Economics
Euromoney Institutional Investor PLC
1st edition (1 May 2007)
About the Book
Offering an overview of the Takaful Islamic Insurance industry, this book provides in-depth insight from leading Shari'ah scholars and examines the challenges facing the Islamic insurance industry. This industry has gone through a rapid phase of expansion, with numerous Takaful operations in 30 countries and Takaful premiums covering non-life and life. This growth gives rise to both opportunities and challenges to traditional and Islamic financial institutions in the provision, distribution and underwriting of Islamic insurance products. Edited by the best-selling author Sohail Jaffer with contributions from 21 specialist contributors, this is the only book to explore every aspect of Islamic Insurance. Topics covered include: Takaful models and their development, Re-Takaful, retailing Takaful, distributing through joint ventures, innovations in the Northern and Southern African markets, integrating Takaful within conventional bancassurance, legal, regulatory and operational issues and the rating of Takaful companies.
He has written extensively on alternative investments and has edited several Euromoney publications on hedge funds, multi-manager strategies, Investing in the MENA region as well as six books in the Euromoney Islamic finance series including Retail banking, Asset management, Takaful, Wealth management, Investment banking, Sukuk, and a CPI publication on investing in the GCC markets.
Norton Rose Fulbright LLP
This book is written by professionals with extensive experience of takaful. It will be an invaluable guide … to understanding the models and mechanisms in use and the challenges and opportunities facing the takaful market.