Islamic insurance: a risk-sharing scheme

Issue 856 - 27 Jun 2009 | 1 minute read

Sharia considers conventional insurance haram because it involves the transfer of risk. The Quran teaches the sharing of each other’s burdens, and this risk and reward sharing is offered by takaful.

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Islamic insurance: a risk-sharing scheme

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Kuwaiti voters return a familiar parliament, as political deadlock endures

UAE’s Edge Group signs deal to build radar systems with Spain’s Indra

UAE’s pursuit of artificial intelligence throws up political challenges

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