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The book presents an alternative Shariah-compliant life insurance scheme. It takes a comparative look at the elements involved in both the conventional system and the proposed scheme, and suggests a proper model which is both competitive and Shariah-compliant.
KEY FEATURES
Comparative discussion on conventional vs Islamic scheme
Authorities from Quran and Hadith to support suggested insurance model
Tables and charts for easy reference
KEY BENEFITS
Explains the basic principles of insurance (both conventional and Islamic model)
Analysis of the suggested model and its proposed adaptation
Practical solutions to the life insurance policy issues faced by Muslims in the contemporary society
ABOUT THE AUTHOR
Prof Dr Mohd Ma’sum Billah is the Group Chairman of Middle Eastern Business World (MBW) Group of Companies
Author of more than 35 books, 200 articles
Member of editorial board of various international journals and proceedings
Advisor to several governments on investment, financial and corporate issues
Jurisdiction: Malaysia
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