The Saudi Tʿawuni Insurance Model: Concerns about Compatibility with Islamic law in Accomodating “Risk”
The Saudi taʿawuni insurance model, despite claiming to be compatible with Islamic transactional rules, in fact violates the prohibition of gharar (risk) through its commercial structure. The study investigates the ways in which gharar (risk) is accommodated in modern insurance models. It argues tha...
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| Language: | en_ca |
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2013
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| Online Access: | http://hdl.handle.net/1807/35106 |