THEORETICAL BASIS AND MODERN PRACTICE OF THE ISLAMIC INSURANCE (TAKAFUL) SYSTEM

Authors

  • Yuldashev Yunusali Toshbaevich , senior teacher . Tashkent state economy university Andijan Faculty . Uzbekistan

Keywords:

Takaful,, Islamic finance ,, sharia, insurance, risk management, interest, uncertainty

Abstract

This in the article Islamic insurance — Takaful system theoretical basics , historical formation , Sharia compatibility and modern in practice place analysis will be done .

 Also , Takaful traditional from insurance different aspects of it economic efficiency and global finance in the system development prospects is illuminated .

 

References

Usman , Z. (2014). Islamic finance basics . Tashkent: Economics publishing house .

Job , M. (2007). Understanding Islamic Finance. John Wiley & Sons.

Billah , MM (2019). Islamic Insurance (Takaful): Theory, Policy and

Islam Progress Bank (IDB). (2021). Takaful Report: Global Trends and Innovations.

Khan, F. (2010). How "Islamic" is Islamic Banking ? Journal of Economic Behavior & Organization, 76(3), 805–820.

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Published

2025-10-20

Issue

Vol. 4 No. 10 (2025): Multidisciplinary and Multidimensional Journal (MMJ)

Section

Articles