Takaful And Islamic Cooperative Finance For Beginners

Takaful and Islamic Cooperative Finance for Beginners The strong emphasis on the moral consequences of excessive uncertainty, prohibiting interest, harmful business finance, and other financial transactions distinguish Islamic finance from conventional finance. The risk-sharing approach of Islamic finance is unique when it comes to the mitigation of risk. If you are new to Islamic finance, this authoritative book titled "Takaful and Islamic Cooperative Finance for Beginners" will help you have an excellent knowledge of Islamic finance. This powerful book will: -Show you what Takaful is - the form, function, past, present, and future -Mutuality, cooperation, and solidarity in Takaful -Models of Takaful -such as Waqf-Wakalah Model -Takaful structures and product analysis of Takaful Getting the success-driven book is the only way you can explore all the benefits it has to offer. Even though we are not native speakers, and this product might not contain all the information about Takaful and Islamic Cooperative Finance, you won't regret getting this book. Do you know why? The nuance and context of this great book will be an essential stepping stone for people who want to know about Islamic finance and Takaful. Also, it will be a good resource for practitioners and scholars working in Islamic finance. Additionally, it is going to be a good asset for people who want something that can replace shari'ah-compliant cooperative finance. Saving up to $1000 when getting this product is possible because it fits into the lowest of budgets. Interestingly, this book is 100-percent risk-free, so you can try it for 7-days, and if you are not pleased, you can ask for a refund through our "manage my kindle page" within seven days. You will see a buy button at the upper right side of this page, click it, and you will be able to obtain this reliable product. Whether you are a scholar, practitioner, researcher, or someone who is randomly interested in Islamic finance and Takaful, this book can be a bedrock for excellent and basic knowledge in Takaful and Islamic Cooperative Finance. So, why wait for tomorrow to come when you can get a success-driven and powerful book and gain more knowledge now

Islamic finance distinguishes itself from conventional finance with its strong emphasis on the moral consequences of financial transactions; prohibiting interest, excessive uncertainty, and finance of harmful business. When it comes to risk mitigation, it is unique in its risk sharing approach.

This book provides a comprehensive account of the theory and practice of takaful, which is an Islamic alternative to insurance. The concepts are explained using real-life case studies, calculations, and exhibits to aid in reader learning and reflection. Takaful, both as an academic subject and as well as practice, is growing particularly in the world leading financial and learning hubs such as in the UK and the USA and countries with large Muslim populations in Asia, Africa, and Middle East.

The book is a compilation of select papers presented on the subject at the 11th Harvard University Forum on Islamic Finance, Harvard University, USA. It is edited by S. Nazim Ali and Shariq Nisar.

A detailed look at the fast-growing field of Islamic banking and finance The global Islamic finance market is now worth about $700 billion worldwide. Islamic Finance For Dummies helps experienced investors and new entrants into Islamic finance quickly get up to speed on this growing financial sector. Here, you'll find clear and easy-to-understand information on how you can incorporate Islamic finance products into your investment portfolio. You'll quickly and easily: become acquainted with the theory, practice, and limitations of Islamic banking; understand how to develop products for the Islamic financial industry; grasp the objectives and sources of Islamic law and the basic guidelines for business contacts; learn about Islamic fund management and insurance; and much more. Coverage of the role Islamic finance can play in the development of the financial system and of economies Addresses the risks and rewards in Islamic banking The future prospects and opportunities of the Islamic finance industry With the help of Islamic Finance For Dummies, you'll discover the fast and easy way to tap into the booming Islamic finance arena.

Authors Rifaat, Archer and Volker bring an international perspective to the growing Islamic Insurance industry. Drawing on contributions from leading experts around the world, they present a comprehensive view of the very issues governing the industry and its future direction. As top financial institutes around the world seem to enter the lucrative Takaful markets, this timely book offers crucial background information and advice, invaluable for any serious player in the market.

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.

A very accessible and concise guide to Islamic finance Contracts and Deals in Islamic Finance provides a clear breakdown of Islamic financial contracts and deal structures for beginners. The embedded requirements within selected Islamic financial contracts, such as risk weightage, capital structures, creations of cash flows, and balance sheets, are explained fully to provide a solid understanding of the backbone of the industry. Aimed primarily at beginners and those with a background in conventional banking, this book guides readers through the major contracts, how they're applied, and how to discern a contract's legitimacy. Case studies and interviews with bankers and global regulators provide real-life examples of contract application, and the author's own experiences provide deep insight into the everyday issues that arise. Ancillary instructor's materials include PowerPoint slides and lecture notes that facilitate use in the classroom. Literature describing the application of Islamic financial contracts is few and far between, and those providing a basic breakdown of these contracts and questioning their validity are rarer still. This book is the first of its kind, offering a basic approach to understanding Islamic contracts, designed for the true beginner. Understand the current contracts applied in Islamic banking Learn how contracts are applied across different jurisdictions Identify illegitimate contracts and those not in the spirit of Shariah law Examine the current economic realities surrounding Islamic finance By highlighting the underlying themes in Islamic finance and assessing the current practices, this book gives readers the solid understanding and up-to-date perspective that form a solid foundation upon which successful Islamic finance is practiced. For a solid introduction to the Islamic finance industry, Contracts and Deals in Islamic Finance is an accessible, practical guide.

The growth of Islamic finance today is undeniable given its services, product innovation, performance and achievements, with the Islamic insurance market being no exception; it has retained global market recognition in a parallel platform as Islamic finance moves forward. There is much written regarding the Islamic insurance system, but rarely do researchers present the various Islamic insurance products and their structures in one collective place. This book is a timely addition in meeting contemporary market demands by providing a much-needed overview of the Islamic insurance products and their Shari’ah compliant structures. This book would be of interest to academics, researchers, students and professionals who are seeking to understand the products offered.