Analysis of Tabarru` Principle in Takaful Contract: Malaysian Experience
Under Shariah law, conventional insurance is prohibited due to the elements of gharar, maysir and riba in its implementation. Instead, takaful was introduced to replace conventional insurance. In order to ensure that takaful operates within Shariah law, a takaful contract is developed based on the...
Main Authors: | , |
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
2010
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Subjects: | |
Online Access: | http://eprints.um.edu.my/3171/1/Analysis_of_Tabarru.pdf |