Takaful and Islamic Cooperative Finance

Know about the book -

Takaful and Islamic Cooperative Finance is written by S. Nazim Ali and published by Edward Elgar Publishing. It's available with International Standard Book Number or ISBN identification 1785363360 (ISBN 10) and 9781785363368 (ISBN 13).

Islamic finance distinguishes itself from conventional finance with its strong emphasis on the moral consequences of financial transactions; prohibiting interest, excessive uncertainty, and finance of harmful business. When it comes to risk mitigation, it is unique in its risk sharing approach.