Uncertainty, interest, gambling and conventional insurance
This paper acknowledges the needs of insurance in our daily life. The involvement of unfair elements in insurance brings the unjust contracts between the insurance companies and the insured. This paper takes social-economic justice approach to examine the unfair nature of insurance. It is highlighte...
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| Format: | Conference or Workshop Item |
| Language: | English English |
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2013
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| Online Access: | http://irep.iium.edu.my/31223/ http://irep.iium.edu.my/31223/1/Uncertainty_and_Insurance.pdf http://irep.iium.edu.my/31223/4/Uncertainty.pdf |
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iium-31223 |
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eprints |
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iium-312232013-11-26T01:52:50Z http://irep.iium.edu.my/31223/ Uncertainty, interest, gambling and conventional insurance Htay, Sheila Nu Nu Syed, Ahmed Salman HG1501 Banking This paper acknowledges the needs of insurance in our daily life. The involvement of unfair elements in insurance brings the unjust contracts between the insurance companies and the insured. This paper takes social-economic justice approach to examine the unfair nature of insurance. It is highlighted that insurance involves uncertainty, interest and gambling. These are the main prohibited elements from Islam and these elements make insurance prohibited from the Islamic aspect. 2013 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/31223/1/Uncertainty_and_Insurance.pdf application/pdf en http://irep.iium.edu.my/31223/4/Uncertainty.pdf Htay, Sheila Nu Nu and Syed, Ahmed Salman (2013) Uncertainty, interest, gambling and conventional insurance. In: 1st International Conference on Advancements in Commerce, Engineering, Management and Technology. , 31 March 2013, Hotel Surya, Solapur, India.. |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
International Islamic University Malaysia |
| building |
IIUM Repository |
| collection |
Online Access |
| language |
English English |
| topic |
HG1501 Banking |
| spellingShingle |
HG1501 Banking Htay, Sheila Nu Nu Syed, Ahmed Salman Uncertainty, interest, gambling and conventional insurance |
| description |
This paper acknowledges the needs of insurance in our daily life. The involvement of unfair elements in insurance brings the unjust contracts between the insurance companies and the insured. This paper takes social-economic justice approach to examine the unfair nature of insurance. It is highlighted that insurance involves uncertainty, interest and gambling. These are the main prohibited elements from Islam and these elements make insurance prohibited from the Islamic aspect. |
| format |
Conference or Workshop Item |
| author |
Htay, Sheila Nu Nu Syed, Ahmed Salman |
| author_facet |
Htay, Sheila Nu Nu Syed, Ahmed Salman |
| author_sort |
Htay, Sheila Nu Nu |
| title |
Uncertainty, interest, gambling and conventional insurance |
| title_short |
Uncertainty, interest, gambling and conventional insurance |
| title_full |
Uncertainty, interest, gambling and conventional insurance |
| title_fullStr |
Uncertainty, interest, gambling and conventional insurance |
| title_full_unstemmed |
Uncertainty, interest, gambling and conventional insurance |
| title_sort |
uncertainty, interest, gambling and conventional insurance |
| publishDate |
2013 |
| url |
http://irep.iium.edu.my/31223/ http://irep.iium.edu.my/31223/1/Uncertainty_and_Insurance.pdf http://irep.iium.edu.my/31223/4/Uncertainty.pdf |
| first_indexed |
2023-09-18T20:45:28Z |
| last_indexed |
2023-09-18T20:45:28Z |
| _version_ |
1777409645460062208 |