Proceedings of the International Conference on Islamic and Muhammadiyah Studies (ICIMS 2023)

A Review on Literature of Islamic Insurance

Authors
Hanif Azzam Chusaini1, *, Muhamad Subhi Apriantoro1, Yayuli1
1Department of Islamic Economics and Law, Universitas Muhammadiyah Surakarta, Surakarta, Indonesia
*Corresponding author. Email: khanifazzamc@gmail.com
Corresponding Author
Hanif Azzam Chusaini
Available Online 28 September 2023.
DOI
10.2991/978-2-38476-102-9_19How to use a DOI?
Keywords
Takaful; Insurance; Islamic Finance; Islamic Insurance; Conventional Banks; Islamic Bank; Efficiency; Islamic Bond (Sukuk)
Abstract

This study examines the Islamic insurance literature published in reputable international journals. This paper briefly examines the current status of various issues raised in the Islamic insurance literature. It then attempts to define and suggest for the sake of the overall objective of an Islamic socioeconomic and financial system with an Islamic insurance foundation. In this paper, insurance can be seen as a helpful aggregate form, unfolding gradually, discretely and depending on circumstances. This research is sourced from methods that produce qualitative data using multiple linear regression analysis. That is a regression model that involves more than one independent variable. This research can be used as a reference, evaluation and source of improvement to benefit companies and non-Islamic insurance companies to improve performance and existing knowledge, as well as changing views with the takaful concept that has been improved and away from the “gharar” and “usury” system. Inherent in the minds of the people of the circulating economic system. Moreover, ultimately lead to a healthy work system using takaful.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Islamic and Muhammadiyah Studies (ICIMS 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
28 September 2023
ISBN
978-2-38476-102-9
ISSN
2352-5398
DOI
10.2991/978-2-38476-102-9_19How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Hanif Azzam Chusaini
AU  - Muhamad Subhi Apriantoro
AU  - Yayuli
PY  - 2023
DA  - 2023/09/28
TI  - A Review on Literature of Islamic Insurance
BT  - Proceedings of the International Conference on Islamic and Muhammadiyah Studies (ICIMS 2023)
PB  - Atlantis Press
SP  - 202
EP  - 215
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-102-9_19
DO  - 10.2991/978-2-38476-102-9_19
ID  - Chusaini2023
ER  -