JOURNAL OF FINANCE & CORPORATE GOVERNANCE
Volume 1, Numéro 2, Pages 35-44
2017-12-30

Salama Insurance: The Need Of An Islamic Legal Framework



Authors : Hassani Hocine . Himrane Mohamed .

Abstract

Many Muslims, for religious convictions are reluctant to take up conventional insurance as it is deemed to have uncertainty, gambling and interest, which are prohibited by religion. The purpose of this paper is to examine Islamic Insurance in Algeria and analyse a suitable regulatory framework. One can argue that the trend towards Islamic insurance in Algeria contributes to raising the level of insurance culture, which will help to mobilize more savings. After studying the topic, we can provide a road map to better regulating the Islamic insurance market because the Islamic companies could not function in the absence of an Islamic insurance act. In the absence of such a framework, regulators often treat Islamic insurance companies similarly to conventional insurance companies, which hinders the development of Islamic Insurance Industry.

Keywords

Insurance, Islamic finance, Salama Insurance, Takaful

Les articles similaires

The Performance Of Takaful Insurance Companies In Confronting Risks (case Study Of Salama Insurance Company - Algeria - During The Period 2015-2020)

Zouambi Djihad .  Kouache Zahia . 
pages 201-212.

آليات إدارة المخاطر في شركات التأمين التكافلي "شركة ســلامة للتأميــن التكافلي نموذجا Mechanisms Of Risk Management In Cooperative Insurance Companies "salama Cooperative Insurance Company Model

بريش رابح .  محاجبية نصيرة .  زواوي فضيلة . 
ص 141-162.

The Effect Of Compensation On The Insurance Surplus And The Profitability Of Takaful Insurance Companies A Case Study Of The Islamic Insurance Company In Jordan, 2010-2019

Ameur Oussama .  Aid Lamine . 
pages 762-774.

Influence Des Organismes Internationaux Dans L’élaboration Du Cadre Juridique Des Pays (cas Du Cadre Juridique Des Communications électroniques En Algérie) Influence Of International Organizations In The Development Of The Legal Framework Of The Countries (case Of The Legal Framework Of Electronic Communications In Algeria)

Khider Imane . 
pages 450-465.

The Reality Of Remote Insurance In Algeria Between Public And Private Insurance Companies -a Sample Of Insurance Agencies In The Wilaya Of Blida- واقع التأمين عن بعد في الجزائر بين شركات التأمين العمومية والخاصة –عينة من وكالات التأمين في ولاية البليدة-

Mehadjebia Nassira .  Tsouri Ben Tsouri Bahia .  Halimi Leila . 
pages 715-730.

Formats de citation