Insurance In Islamic Point Of View. This paper looks at the different views of islamic scholars on conventional insurance and the legal and practical aspects of takaful insurance. “o mankind, indeed we have created you from male and female and made you peoples.
What are the islamic views on. The problem with conventional insurance is that it creates an exchange contract between the insurance company and the insured in the form of policy. Sukuk quartely bulletin, issue 19, 3q13.