TAKAFUL ________________________________________ INTRODUCTION: Insurance is not a new concept within Islam. The principle of a person protecting himself against loss or misfortune is even described in the Qur’an through stories of some of the prophets. In Arabic this concept is known as "takaful". It is acknowledged that the foundation of shared responsibility or Takaful was laid down in the system of "Aaqilah"‚ which was an arrangement of mutual help or indemnification
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Development of Marine Insurance in Shanghai WANG Yun‚ LIU Juanjuan Research Institute for Science of Water Transport Economy‚ Shanghai Maritime University‚ 1550 Pudong Av.‚ Shanghai‚ China wangyun1896@163.com Abstract: This paper studies the relationship between marine insurance and the development of shipping‚ finance and regional economy based on statistics. We use the quantitative analysis method‚ partial correlations method‚ to find out the key factors in local marine insurance development. Though
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This answer is based on KEK Insurance Brokers Ltd (KEK)‚ my employer‚ a Ghanaian insurance broking company which has been the No. 1 insurance broker since 1992. It has affiliations with several local and international insurance organisations and provides services of general‚ life and non-life insurance products to both business and personal line customers. The company was registered as a limited liability company in 1985‚ and obtained the license to operate as an insurance broking and consultancy firm
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Market Research Report Non-Life Insurance in Belgium‚ Key Trends and Opportunities to 2018 ©reportscue Synopsis: The report provides in-depth market analysis‚ information and insights into the Belgian nonlife insurance segment‚ including: • The Belgian non-life insurance segment’s growth prospects by non-life insurance category • Key trends and drivers for the non-life insurance segment • The various distribution channels in the Belgian non-life insurance segment • The detailed competitive landscape
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In the context of software progress‚ hundreds of millions of mobile owners and social media‚ insurance companies and their respective ecosystems cannot afford to be kept out of the digital loop. From traditional and time-consuming approaches towards a new era of‚ touch and solve”‚ let’s outline the main benefits that insurance industries have to gain from adopting mobile applications and how your insurance app should look like: * superior client base by branching out to multiple mobile platforms
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INTRODUCTION C-Direct Insurance Company was established since six years ago and it is specialized in selling car insurance. The company has its call centre in Newcastle‚ England. Mr Small the Operations manager is responsible for all operations in the Call Centre. The call centre employs 105 people in 3 shifts over a core day between the hours of 0800 and 2000. Nowadays‚ C-Direct Company faced a lot of competitors and the company got low profit within a year. It is because‚ not only of competitors
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Insurance has many ways to help us in our everyday lives. For Example: 1. Removal of uncertainties Insurance company takes the risks of large but uncertain losses in exchange for small premium. So it gives a sense of security‚ which is real gift to the business man. If all uncertainty could be removed from business‚ income would be sure. Insurance removed many uncertainties and to that extent is profitable. 2. Stimulant of business enterprise Insurance facilitates to maintain the large size commercial
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CUSTOMER ATTITUDE TOWARDS PRODUCT OF HDFC STANDARD LIFE INSURANCE Submitted by‚ SANDHYA MBA – Semester III (Session 2009-2010) CHAPTER: 1 INTRODUCTION OF THE Study INTRODUCTION OF THE STUDY In my research I have tried to find out what the customer attitude towards the product of HDFC Standard Life Insurance. The study has been carried out in Bhilai. It has been carried out with the purpose to study the
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Always Have Travel Insurance There are certain types of travellers who see travel insurance as a needless expense. For them‚ a little positivity is enough to warrant a smooth‚ incident-free travel. In an ideal world‚ not a single aspect of one’s travel plans will go wrong. More often than not‚ though‚ unexpected events get in the way of an otherwise well thought out trip. Before you decide to skip on insurance on your next trip‚ consider the following reasons why having travel insurance is a must. 1
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Case Summary for Capital Mortgage Insurance Corporation Overview The president and senior vice president of Capital Mortgage Insurance Corporation (CMI) hope to acquire Corporate Transfer Services (CTS). Currently‚ CMI is a business that sells mortgage insurance to banks and other mortgage lenders. However‚ executives at CMI desire to expand their business into the real estate relocation industry. Essentially‚ this industry works to assist employees who have been transferred to a new city as
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