Insurance in an Islamic Economy | Islamic Finance, Takaful & Shariah-Compliant Insurance Guide
Insurance in an Islamic Economy | Islamic Finance, Takaful & Shariah-Compliant Insurance Guide
Publisher:
Kube Publishing
Author:
Muhammad Nejatullah Siddiqi
Language:
English
Binding:
Soft Cover
Pages: 73
Size: 15x21 Cm
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Description of islamic Book
“Insurance in an Islamic Economy” explores the concept of insurance within the framework of Islamic law (Shariah). The book provides a detailed analysis of conventional insurance and examines its compatibility with Islamic principles.
It introduces the concept of Takaful (Islamic insurance) as a Shariah-compliant alternative, based on cooperation, mutual assistance, and shared responsibility. The author explains key issues such as risk, uncertainty (gharar), and interest (riba), helping readers understand the differences between conventional and Islamic financial systems.
This book is ideal for students, professionals, and anyone interested in Islamic finance and economics, offering clear insights into how financial practices can align with Islamic teachings.
From Author:
Publisher
Kube Publishing
Author
- Muhammad Nejatullah Siddiqi
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Sample Pages - Content
Who is Muhammad Nejatullah Siddiqi?
Muhammad Nejatullah Siddiqi was a renowned Islamic economist, scholar, and author, widely recognized for his pioneering contributions to Islamic economics and finance. He played a key role in developing modern understanding of Shariah-compliant financial systems, particularly in areas such as banking, insurance (Takaful), and economic ethics.