
Takaful and Mutual Insurance: Alternative Approaches to Managing Risks
Author(s): Serap O. Gonulal
- Publisher: World Bank Publications
- Publication Date: 1 Nov. 2012
- Edition: Illustrated
- Language: English
- Print length: 224 pages
- ISBN-10: 0821397249
- ISBN-13: 9780821397244
Book Description
Takaful, which means ‘cooperative’, is an insurance approach that is instrumental to providing insurance services to Muslims and others with religious objections to aspects of conventional commercial insurance models, specifically interest payments, uncertainty, or gambling kind of transactions.
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