Evolution of Islamic banking and insurance as systems rooted in ethics

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:08
Year
2004
Country
Pakistan
Language
English
Abstract

The author discusses how banking and insurance were reinterpreted by Muslim minds taking ethical aspects into consideration. The core idea behind takaful is expanded upon. While Islamic insurance has a bright future ahead, much depends on the ulama to endorse it, as they have endorsed Islamic banking.

English
ISSN/ISBN
1814-8042
No. of Pages
pp. 97-103
Number
1
Volume
21
Select type of work
CIS Program Old
CIS publications
No
CIS Thesis
No