Applied takaful and modern insurance : law and practice

Applied takaful and modern insurance : law and practice

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This book makes available in clear and succinct languange a comparative treatment of the principles and practices of Takaful and modern insurance. The comparison of the regulatory and practical considerations in the two systems brings up the differences between and coincidence of both systems to facilitate the better appreciation of the systems which run in parallel to cover the various riskks faced in life today. Topics covered include subject matter at risk, insurable interets, good faith, insurance contacts, risk management, insurance intermediaries, nomination, beneficiaries, claims, distribution and legal formalities.