Suchergebnisse

Zusammenfassung ; Summary ; Preface and Acknowledgements ; Contents; List of Figures ; List of Tables ; List of Symbols and Abbreviations ; Introduction ; 1. Preliminaries on Hybrid Financial and Insurance Markets ; 2. Pricing of Unemployment Insurance Products ; 3. Mean-Variance Hedging for Mortality Claims with Longevity Bonds; 4. Risk-Minimization for General Insurance Contracts ; 5. Conclusion ; Appendices ; References.

Intro -- Foreword -- Preface -- Acknowledgements -- Contents -- About the Author -- List of Figures -- List of Tables -- Introduction -- Part I: An Overview of Takaful and Re-takaful -- Chapter 1: An Overview of Takaful Products -- 1.1 Introduction -- 1.2 The Takaful Niche -- 1.3 Socio-economic Foundation of Takaful -- 1.3.1 Sincerity (Ikhlas) -- 1.3.2 Shari'ah Principles -- 1.3.3 Moral Attributes -- 1.3.4 Elements of a Takaful Contract -- 1.4 Rational Outlook -- 1.5 Argument for and Against Takaful/Insurance -- 1.6 Misconceptions -- 1.7 Response to the Misconceptions -- 1.8 Further Justifications -- 1.9 Conclusion -- Chapter 2: Re-takaful Products in a Nutshell -- 2.1 Introduction -- 2.2 Re-Takaful Product -- 2.3 Parties to Re-Takaful Contracts -- 2.4 Objectives of Re-Takaful Products -- 2.5 Shari'ah Requirements of Re-Takaful -- 2.6 Principles of Re-takaful -- 2.6.1 Principles of Contract ('Aqd) -- 2.6.2 Principles of Liability -- 2.6.3 Principles of Wakalah (Agencies) -- 2.6.4 Principles of Daman (Guarantee) -- 2.6.5 Principles of Mudharabah -- 2.6.6 Tabarru' -- 2.7 The Corporate Paradigm of Re-takaful -- 2.8 Operational Mechanisms -- 2.9 General Re-takaful Products -- 2.9.1 Fire and Property Re-Takaful -- 2.9.2 Accident Re-Takaful -- 2.9.3 Marine Re-Takaful -- 2.9.4 Automobile Re-Takaful -- 2.9.5 Engineering Re-Takaful -- 2.9.6 Special Risks Re-Takaful -- 2.10 Operational Mechanisms of General Re-takaful Protection -- 2.11 Basis of Operations -- 2.11.1 Mutually Agreed Participation -- 2.11.2 Tabarru' -- 2.12 Conclusion -- Chapter 3: Governing Principles of Takaful and Re-takaful Products -- 3.1 Introduction -- 3.2 Governing Principles of Takaful and Re-Takaful Products -- 3.2.1 General Principles -- 3.2.2 The Qur'an -- 3.2.3 The Sunnah -- 3.2.4 Ijtihad -- 3.2.5 Al-Masalehal-Mursalah -- 3.2.6 Al-'Urf -- 3.2.7 Al-Fiqh -- 3.2.8 Sincerity.

The rapid development of life insurance and its dissemination throughout the world, and the emergence of new types of life insurance products, in order to meet the needs of citizens, raises the question of proper legal arrangement of these issues. This article refers to the life insurance products linked to investment funds (unit-linked life insurance products) as a new type of life insurance products, especially in developing countries. The purpose of this article is to explain the meaning and the types of unit-linked life insurance products offered by insurance companies; to provide the available statistical data regarding these types of insurance products; to analyze the legal framework of unit-linked life insurance products in the European Union and in some Southeast European countries, one member of EU and two candidates for EU membership. The conclusion of the article provides the reasons for additional legal regulation of the unit-linked life insurance products.