Suggestion of Islamic Insurance Company Model

Asian Economic and Financial Review

关键词: Islamic insurance;    Model;    Saving;    Islamic insurance company and Manage risks.;   

学科分类：社会科学、人文和艺术（综合）

来源: Asian Economic and Social Society

【 摘 要 】

This study is one of very few studies which have investigated Islamic Insurance Companies as solution. It explained its operations also comparing with Traditional Insurance Companies and theoretical Islamic insurance models. As result to this study Islamic Insurance companies are profit organization. It helps Islamic banks but it costs customer to face expect risk. Islamic Insurance companies have many ways to get profits and consider all customers installments grants. Its operation gap comes from explanation of Islamic rule which considers part of customers savings in insurance company to buy compensation is the grant not all savings. This can be shown in theoretical models of establish insurance companies. Searcher recommended suggestion to direct Islamic insurance companies operations by Islamic insurance theoretical models. It reduces customer insurance costs and makes facing risk available to all citizens. Models can be developed to cover all types of insurance but as it collects savings, it can?t be sold to another company because cash buy cash in local currency is forbidden interest.

【 授权许可】

CC BY