Problems and Prospects of Islamic Banking: a case Study of Takaful

Mohd. Izhar Ahmad, Tariq Masood and Mohd Saeed Khan

MPRA Paper from University Library of Munich, Germany

Abstract: The paper is an attempt to analyse the working of Takaul in the world and its popularity in the insurance sector in the world. Keeping in view of Sharia we have also tried all possible aspects of insurance system popular in the world and tried to look at its possibility to familiarize more amongst Muslims of the world. It is observed that customer awareness remain low, however this is often attributed to a limited understanding of Islamic finance in the banking and insurance world. We wish to have a proper salesmanship and advertisement of Islamic banking system in India and all around the world.

Keywords: Islamic Banking; Takaful (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Date: 2010-01-10, Revised 2010-03-09
New Economics Papers: this item is included in nep-ara, nep-cwa and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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