Takaful: Principles, Practices, and Global Growth

Umidjon

doi:https://doi.org/10.54216/JSDGT.040202

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Volume 4 • Issue 2 • PP: 18-21 • 2024

Takaful: Principles, Practices, and Global Growth

Umidjon Dadabaev ^1*

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¹Tashkent state university of economics, Uzbekistan

* Corresponding Author.

DOI https://doi.org/10.54216/JSDGT.040202

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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 murabahah

References

[1] U.A.Dadabaev. Insurance relationships in Islamic finance: development prospects of family Takaful. Economic Development and Analysis, November 2023, 7^thedition.

[2] Syed, Ahmed, Salman. Takaful in Non-Muslim Countries: A Way Forward. (2021). doi: 10.1007/978-981-16-6281-2_4

[3] M.M., Magomadova., I.P., Khominich., O.V., Savvina. (2019). General Takaful and Mechanism of its Introduction into mutual Insurance System. doi: 10.15405/EPSBS.2019.03.02.153

[4] Fareeda, Ashraf., Muhammad, Mahmood, Shah, Khan., Zohaib, Naeem, Babar. (2022). Determinants of Takaful Demand: Evidence from Pakistan. Global regional review, doi: 10.31703/grr.2022(vii-ii).30

[5] Takaful-growth nexus before and after the implementation of ifsa 2013: empirical evidence from malaysia. International journal of Islamic banking and finance research, (2023). doi: 10.46281/ijibfr. v11i1. 2029

[6] Monther, Eldaia., Mustafa, Mohd, Hanefah., Ainulashikin, Marzuki., Saddam, Ali, Shatnawi. Takaful in Malaysia: Emergence, Growth, and Prospects. Social Science Research Network, (2020). doi: 10.4018/978-1-7998-0218-1.CH035

[7] Abdusamat ugli Dadabaev, Umidjon, Khusniddin Faxriddinovich Uktamov, Abduvali Abdurakhimovich Isadjanov, Zokir Rustamovich Sodikov and Nilufar Sherkulovna Batirova. “Ways to Improve Integration of Uzbekistan in Global Financial Services with the Participation of Takaful Companies in the Conditions of Development of the Digital Economy.” The 5th International Conference on Future Networks & Distributed Systems (2021): n. pag.

[8] Muhammad Eid Balbaa, Maha Ibrahim, Samandarboy Sulaymanov, Durdona Davletova. (2023). The Role of Information Technology in Improving the Quality of Information and its Implications for Economic Development. Journal of Sustainable Development and Green Technology, 2 (1), 25-37. https://doi.org/10.54216/JSDGT.020103

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Dadabaev, Umidjon. "Takaful: Principles, Practices, and Global Growth." Journal of Sustainable Development and Green Technology, vol. Volume 4, no. Issue 2, 2024, pp. 18-21. 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), 18-21. 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): 18-21. 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. 18-21. 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):18-21. 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. 18-21, 2024. DOI: https://doi.org/10.54216/JSDGT.040202

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