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Implementing Takaful in India: Prospects, Challenges, and Solutions
Paperback
ISBN13: 9789811662836
Publisher: Springer Nature
Published: Oct 8 2022
Pages: 119
Weight: 0.47
Height: 0.31 Width: 6.14 Depth: 9.21
Language: English
Chapter Two: Risk, Risk Management and Insurance: Conventional and Islamic DimensionsIntroductionDefinition and Classification of RiskCommon Types of Risks Faced by Individuals and Their Risk ManagementCommon Types of Risks Faced by Business Entities and Their Risk ManagementRisk in IslamIslamic Dimension of Risk ManagementDimension of InsuranceProhibited Elements of Conventional Insurance in the Sources of Shari'ahProhibition of Riba (Interest)Prohibition of Riba (Interest) in the Qur'an and HadithThe reasoning for the Prohibition of Riba (Interest)Prohibition of Gharar (Uncertainty)Prohibition of Gharar (Uncertainty) in the Qur'ān and ḤadīthThe reasoning for the Prohibition of Gharar (Uncertainty)Prohibition of Maysir (Gambling)The reasoning for the Prohibition of Maysir (Gambling)Prohibited Elements in Conventional InsuranceProhibition of Conventional Insurance in FatawaConclusion
Chapter Four: Research MethodologyIntroductionTheoretical Framework New Product Adoption TheoryNew Product Diffusion TheoryResearch MethodologyData and Research MethodsSamples, Sampling Method, and Data Collection MethodQuestionnaire DevelopmentInterview TechniqueStatistical MethodConclusion
Chapter Five: Findings from Interviews with Insurance OperatorsIntroductionProfile of IntervieweesAwareness and Knowledge of Conventional InsuranceKnowledge of Takaful Interviewee's Opinion on Determinants to Offer Takaful Interviewee's Opinion on Future Takaful Interviewees' Opinions on the Level of Difficulty to Promote Takaful in India Strengths of Introducing Takaful in IndiaWeaknesses of Introducing Takaful in India Overcoming Weaknesses to Offer Takaful in IndiaOpportunities to Introduce Takaful in IndiaThreats to Introduce Takaful in IndiaOvercoming Threats Related to Offering Takaful in India
Chapter Six: Conclusion and SuggestionsConclusionContribution of The ResearchSuggestions for Future ResearchRecommendations
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