Implementing Takaful in India: Prospects, Challenges, and Solutions
Intro -- Foreword -- Preface -- Acknowledgements -- Contents -- About the Author -- Abbreviations -- 1 Introduction of Takaful in India -- 1.1 Introduction -- 1.2 Appraisal of Indian Insurance Market -- 1.3 Research Objectives -- 1.4 Motivation and Significance of the Study -- 1.5 Structure of the Book -- References -- 2 Risk, Risk Management and Insurance: Conventional and Islamic Dimensions -- 2.1 Introduction -- 2.2 Definition and Classification of Risk -- 2.3 Risk in Islam -- 2.3.1 Islamic Dimension of Risk Management -- 2.4 Dimension of Insurance -- 2.4.1 Prohibited Elements of Conventional Insurance in the Sources of Shari'ah -- 2.5 Conclusion -- References -- 3 Takaful: Concept, Principles, Types, and Models -- 3.1 Introduction -- 3.2 Overview of Takaful -- 3.2.1 Concept of Takaful -- 3.2.2 Definitions of Takaful -- 3.2.3 Shari'ah Framework of Takaful -- 3.2.4 Takaful: Shari'ah Scholar Point of View -- 3.2.5 Fundamental Differences Between Takaful and Insurance -- 3.3 Development of Takaful -- 3.4 Main Types of Takaful -- 3.4.1 General Takaful -- 3.4.2 Family Takaful -- 3.5 Takaful Models -- 3.5.1 General Takaful Models -- 3.5.2 Comparison of General Takaful Models -- 3.5.3 Family Takaful Models -- 3.5.4 Comparison of Family Takaful Models -- 3.6 Conclusion -- References -- 4 Takaful in Non-Muslim Countries: A Way Forward -- 4.1 Takaful in Europe -- 4.1.1 United Kingdom -- 4.1.2 The Authorization Process in the UK -- 4.1.3 Legal Issues and Challenges Facing Takaful Industry in the UK -- 4.1.4 Luxembourg -- 4.2 Takaful in Australia -- 4.2.1 Potential for Establishing Takaful -- 4.3 Takaful in Sri Lanka -- 4.3.1 Amana Takaful PLC -- 4.3.2 Ceylinco Takaful Ltd -- 4.3.3 HNB Assurance Takaful -- 4.3.4 Takaful Standards -- 4.4 Takaful in Singapore -- 4.5 Takaful in Thailand -- 4.6 Globalization of Takaful.