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Islamic Insurance vs. Conventional Insurance: A Comparative Case Study
Insurance plays a very vital role in the modern world economic system. Because of its role in providing socio-economic prosperity and security to life and property it has been recognized as an essential service throughout the whole world. But one Islamic scholar declare the insurance as unislamic due to the elements of Gharer (uncertainty), Maisir ...
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This study aims to analyze and compare the efficiency between conventional life insurance companies and Islamic life insurance companies in Indonesia over the period of 2014-2018.
Mulia Saputra +2 more
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Studi Komperatif Prinsip Asuransi Jiwa Takaful dan Asuransi Jiwa Konvensional
Everyone is aware that the life is full of uncertainty, except the death. The uncertainty causes a risk that is a loss for a person. The risks are sick, accident, death, etc.
Ilyas Ilyas
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LIFE INSURANCE IN POSITIVE LAW AND ISLAMIC LAW IN INDONESIA
Life insurance is an agreement made by an insurance company to its customers that if the customer experiences a risk of death in his life whether in the form of an accident or due to illness, then the insurance company will provide compensation with a ...
Ramiah Lubis
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Probabilistic-statistical model of insurance capital [PDF]
The article reveals the necessity of introduction of new economic category such as "insurance capital". Insurance activity generates a specific kind of capital (as a production factor) - the guarantee fund, which is called "primary insurance monetary ...
Oleg Gennadievich Gorbachev
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Efficiency studies of the sharia insurance industry: A systematic literature review [PDF]
The sharia insurance industry has experienced significant development from year to year. A sharia insurance company’s efficiency is crucial because it reflects its capacity to generate outputs from resources.
Azhar Alam +3 more
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Challenges and Development Strategy of Sharia Insurance in an Era of Economic Disruption
The presence of Islamic insurance is an alternative to avoid conventional insurance, which is considered to have elements of usury, maytsir, gharar and zholim. In the era of economic disruption, Islamic insurance players and customers are waiting for the
Angga Syahputra, Devi Nurtiyasari
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The presence of Islamic insurance is an alternative, in order to avoid conventional insurance which is considered to have elements of usury, maytsir, gharar and zholim.
Ira Murwenie +4 more
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Comparative Efficiency Analysis Of Sharia Insurance And Conventional Insurance In Indonesia
Sharia insurance companies and conventional insurance require efficiency measurements to determine the ability to survive and compete in strong competition between companies. The purpose of the study was to compare the efficiency of Sharia general insurance companies and conventional general insurance in Indonesia in 2018-2020 and find differences in ...
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Operational Solutions for Retakaful in Islamic Republic of Iran The Comparative Analysis of Reinsurance & Retakaful: [PDF]
Sometimes the losses in insurance companies are so considerable that even the total sum of capitals and reserves of the company are not enough to compensate them. That's why the reinsurance companies were established.
Mohammad Mahdi Askari +1 more
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