Takaful and Islamic Cooperative Finance
Author | : S. Nazim Ali |
Publisher | : Edward Elgar Publishing |
Total Pages | : 374 |
Release | : 2016-07-27 |
ISBN-10 | : 9781785363368 |
ISBN-13 | : 1785363360 |
Rating | : 4/5 (68 Downloads) |
Download or read book Takaful and Islamic Cooperative Finance written by S. Nazim Ali and published by Edward Elgar Publishing. This book was released on 2016-07-27 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic finance distinguishes itself from conventional finance with its strong emphasis on the moral consequences of financial transactions; prohibiting interest, excessive uncertainty, and finance of harmful business. When it comes to risk mitigation, it is unique in its risk sharing approach.