Document Details

Document Type : Article In Journal 
Document Title :
Is the Islamic Mutual (Composed) Insurance a Commercial Insurance?
هل التأمين الإسلامي المركب تأمين تعاوني أم تجاري؟
 
Document Language : Arabic 
Abstract : To answer the question, the characters and properties of mutual and commercial insurance are surveyed, and compared with Islamic mutual (composed) insurance model. The finding is that, the Islamic insurance model as practiced is a commercial insurance; its business is to exchange the risk for a premium, the difference between them is artificial to fulfil the Islamic restrictions on insurance activity. The research also find that risk is higher in Islamic model since the insured will bear the risk of the investment of the premiums and insufficient to pay the loss. 
ISSN : 1018-7383 
Journal Name : Islamic Economics Journal 
Volume : 22 
Issue Number : 2 
Publishing Year : 1430 AH
2009 AD 
Article Type : Article 
Added Date : Tuesday, July 6, 2010 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
عبدالرحيم عبدالحميد الساعاتيAl-Saati, AbdulRahim A.ResearcherDoctoratea_alsaati@hotmail.com

Files

File NameTypeDescription
 27344.pdf pdf 

Back To Researches Page