A01=Aly Khorshid
Author_Aly Khorshid
banking
Category=GTM
Category=JBSR
Category=KC
Category=KFFN
Category=QRP
commercial
comparative insurance systems
contract
Debt Usury
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
ethical insurance models for Muslims
Hold
ibn
Ibn Taymiyyah
Insurance Contract
Insured
Islamic Banking Act
Islamic Banking System
Islamic Banks
Islamic Contracts
Islamic financial jurisprudence
Islamic Insurance Companies
Islamic Law
law
life
Life Insurance Contract
Life Policies
Marine Insurance
mudaraba
Mudaraba Contract
Muslim Jurists
Muslim World
mutual
Mutual Insurance
Mutual Insurance Companies
Mutual Insurance Organizations
mutual risk sharing
National Insurance Companies
Non-life Insurance
Riba Al Fadl
riba prohibition
schemes
shariah compliance
Solvency Margin
takaful principles
taymiyyah
USA
Product details
- ISBN 9780415311052
- Weight: 498g
- Dimensions: 156 x 234mm
- Publication Date: 12 Feb 2004
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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Some Muslims believe insurance is unnecessary, as society should help its victims. Muslims can no longer ignore the fact that they live, trade and communicate with open global systems, and they can no longer ignore the need for banking and insurance. Aly Khorshid demonstrates how initial clerical apprehensions were overcome to create pioneering Muslim-friendly banking systems, and applies the lessons learnt to a workable insurance framework by which Muslims can compete with non-Muslims in business and have cover in daily life. The book uses relevant Quranic and Sunnah extracts, and the arguments of pro- and anti-insurance jurists to arrive at its conclusion that Muslims can enjoy the peace of mind and equity of an Islamic insurance scheme.
Aly Khorshid, born in Egypt, received his Ph.D. from the University of Leeds in 2001. He is a researcher in Islamic economics, and a consultant to Islamic banks and Islamic institutions in both the Middle East and Europe. Besides being a company director, he is also on the board of management of several companies. Dr Khorshid has published various articles on Islamic economics.
