Islamic Insurance: Trends, Opportunities and the Future of Takaful

Offering an overview of the Takaful Islamic Insurance industry, this book provides in-depth insight from leading Shari'ah scholars and examines the challenges facing the Islamic insurance industry. This industry has gone through a rapid phase of expansion, with numerous Takaful operations in 30 countries and Takaful premiums covering non-life and life. This growth gives rise to both opportunities and challenges to traditional and Islamic financial institutions in the provision, distribution and underwriting of Islamic insurance products. Edited by the best-selling author Sohail Jaffer with contributions from 21 specialist contributors, this is the only book to explore every aspect of Islamic Insurance. Topics covered include: Takaful models and their development, Re-Takaful, retailing Takaful, distributing through joint ventures, innovations in the Northern and Southern African markets, integrating Takaful within conventional bancassurance, legal, regulatory and operational issues and the rating of Takaful companies.