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.

Unravels Islamic general insurance products, including accident, fire, motor, healthcare and travel insurance Outlines the various Islamic life insurance products, including education, endowment, mortgage, personal accident, critical illness and senior citizen policies Describes the Islamic standard of claim procedures for both general policies and life insurance policies

Autorentext

Mohd Ma'Sum Billah is Professor of Finance and Insurance at the Islamic Economics Institute, King Abdulaziz University, Saudi Arabia. He is a member of various organizations and groups, including the working group of the Shari'ah Compliance functions, the AAIOFI Governance & Ethics Board (AGEB), AAIOFI, Bahrain and the Audit Committee, ACIG, Saudi Arabia alongside being an advisor to ICMIF, London. He is an author of 31 books and chapters in several books in the areas of Islamic and comparative finance, insurance, investment, capital markets, business, asset management and e-Commerce. He has also published more than 150 articles in Islamic and comparative finance, banking, capital markets, insurance, business and social finance and completed nine funded research projects successfully on different issues of Islamic and comparative finance and commerce funded by the Malaysian government and the Central Bank. He has presented more than 200 papers and lectures at conferences, summits, conventions, seminars, executive workshops and forums in the specialized issues of Islamic finance, insurance, capital market, investment, business, social finance and cryptocurrency.

Inhalt

1. An Overview of Takaful Products.- 2. Re-Takaful Products at Nutshell.- 3. Governing Principles of Takaful and Re-takaful Products.- 4. Preview of General Takaful.- 5. Motor Takaful.- 6. Accident Takaful.- 7. Fire Takaful Plan.- 8. Experiencing in Fire Takaful.- 9. Medical Takaful Plan.- 10. Health Takaful Rider Plan.- 11. Group Takaful Plan.- 12. Group Takaful Plan for Health Care.- 13. Pilgrimage (Haj) Takaful.- 14. Haj Badal (Substitute Haj) Takaful.- 15. Ziarah (Visit) Takaful.- 16. Group Islamic Cash-Line Takaful.- 17. Sukuk Takaful Plan.- 18. On-Line Takaful Business.- 19. Digital Currency Takaful.- 20. Preview of Islamic Life Insurance Product.- 21. Family Takaful Plan.- 22. Personal Accident Takaful.- 23. Critical Illness Takaful.- 24. Group Students' Takaful Plan.- 25. Education Takaful.- 26. Senior Citizen Takaful.- 27. Endowment (Ma'asvi) Takaful.- 28. Foreign Worker Takaful.- 29. Mortgage Takaful.- 30. Breast Cancer Takaful (Takaful Hawa).- 31. Pregnancy Takaful (Takaful Wiladah).- 32. Saving Takaful (Takaful Mesra).- 33. Unit Trust Takaful.- 34. On-Line Family Takaful.- 35. Re-takaful Products.- 36. Structure of Re-takaful Products.- 37. Management of Re-takaful Fund.- 38. Investment of Re-takaful Fund.- 39. Claim Procedure in General Takaful.- 40. Claim Procedure in Family Takaful.- 41. Quantum of Damages in Takaful.