ASPG Menu
search

American Scientific Publishing Group

verified Journal

Journal of Sustainable Development and Green Technology

ISSN
Online: 2836-5399
Frequency

Continuous publication

Publication Model

Open access · Articles freely available online · $500 APC applies after acceptance

Journal of Sustainable Development and Green Technology
Full Length Article

Volume 4 • Issue 2 • PP: 08–10 • 2024

Takaful: Principles, Practices, and Global Growth

Umidjon Dadabaev 1*
1Tashkent state university of economics, Uzbekistan
* Corresponding Author.
verified

Open Access & Copyright

© 2024 The Author(s). Published by ASPG. This article is licensed under the Creative Commons Attribution 4.0 International License (CC BY 4.0).

Received: May 11, 2024 Revised: June 29, 2024 Accepted: August 05, 2024

Abstract

This article explores Takaful, an Islamic insurance scheme adhering to Sharia principles. It examines its unique features compared to conventional insurance and its role within Islamic banking. Additionally, it highlights Takaful’s expansion globally, especially in countries like Malaysia, Pakistan, Indonesia, Turkey, UAE, and Great Britain.

Keywords

Takaful industry Family takaful General takaful Global Islamic finance Mudarabah

References

[1] U. A. Dadabaev, “Insurance relationships in islamic fi-nance: Development prospects of family takaful,” Eco-nomic Development and Analysis, no. 7, Nov. 2023.

[2] S. A. Salman, “Takaful in non-muslim countries: A way forward,” 2021.

[3] M. M. Magomadova, I. P. Khominich, and O. V. Savvina, “General takaful and mechanism of its introduction into mutual insurance system,” 2019.

[4] F. Ashraf, M. M. S. Khan, and Z. N. Babar, “Deter-minants of takaful demand: Evidence from pakistan,” Global Regional Review, 2022.

[5] “Takaful-growth nexus before and after the implementa-tion of IFSA 2013: Empirical evidence from malaysia,” International Journal of Islamic Banking and Finance Research, vol. 11, no. 1, 2023.

[6] M. Eldaia, M. M. Hanefah, A. Marzuki, and S. A. Shat-nawi, “Takaful in malaysia: Emergence, growth, and prospects,” Social Science Research Network, 2020.

[7] U. A. u. Dadabaev, K. F. Uktamov, A. A. Isadjanov, Z. R. Sodikov, and N. S. Batirova, “Ways to improve integra-tion of uzbekistan in global financial services with the participation of takaful companies in the conditions of development of the digital economy,” in Proceedings of the 5th International Conference on Future Networks and Distributed Systems, 2021.

[8] M. E. Balbaa, M. Ibrahim, S. Sulaymanov, and D. Davle-tova, “The role of information technology in improvingthe quality of information and its implications for eco-nomic development,” Journal of Sustainable Develop-ment and Green Technology, vol. 2, no. 1, pp. 25–37, 2023.

Cite This Article

Choose your preferred format

format_quote
Dadabaev, Umidjon. "Takaful: Principles, Practices, and Global Growth." Journal of Sustainable Development and Green Technology, vol. 4, no. 2, 2024, pp. 08–10. DOI: https://doi.org/10.54216/JSDGT.040202
Dadabaev, U. (2024). Takaful: Principles, Practices, and Global Growth. Journal of Sustainable Development and Green Technology, Volume 4(Issue 2), 08–10. DOI: https://doi.org/10.54216/JSDGT.040202
Dadabaev, Umidjon. "Takaful: Principles, Practices, and Global Growth." Journal of Sustainable Development and Green Technology Volume 4, no. Issue 2 (2024): 08–10. DOI: https://doi.org/10.54216/JSDGT.040202
Dadabaev, U. (2024) 'Takaful: Principles, Practices, and Global Growth', Journal of Sustainable Development and Green Technology, Volume 4(Issue 2), pp. 08–10. DOI: https://doi.org/10.54216/JSDGT.040202
Dadabaev U. Takaful: Principles, Practices, and Global Growth. Journal of Sustainable Development and Green Technology. 2024;Volume 4(Issue 2):08–10. DOI: https://doi.org/10.54216/JSDGT.040202
U. Dadabaev, "Takaful: Principles, Practices, and Global Growth," Journal of Sustainable Development and Green Technology, vol. Volume 4, no. Issue 2, pp. 08–10, 2024. DOI: https://doi.org/10.54216/JSDGT.040202
policy

Publisher's Note

The statements, opinions, and data presented in this article are solely those of the author(s) and do not necessarily represent those of ASPG, the journal, or its editors. ASPG and the editors disclaim responsibility for any harm arising from the use of any ideas, methods, instructions, or products described in this article, to the fullest extent permitted by applicable law.

Digital Archive Ready