The strong emphasis on the moral consequences of excessive uncertainty, prohibiting interest, harmful business finance, and other financial transactions distinguish Islamic finance from conventional finance. The risk-sharing approach of Islamic finance is unique when it comes to the mitigation of risk. If you are new to Islamic finance, this authoritative book titled "Takaful and Islamic Cooperative Finance for Beginners" will help you have an excellent knowledge of Islamic finance.
This powerful book will:
-Show you what Takaful is - the form, function, past, present, and future
-Mutuality, cooperation, and solidarity in Takaful
-Models of Takaful -such as Waqf-Wakalah Model
-Takaful structures and product analysis of Takaful
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Whether you are a scholar, practitioner, researcher, or someone who is randomly interested in Islamic finance and Takaful, this book can be a bedrock for excellent and basic knowledge in Takaful and Islamic Cooperative Finance. So, why wait for tomorrow to come when you can get a success-driven and powerful book and gain more knowledge now!