Greater risk of an individual, family, community, entity, corporate, or government be against one's life, bodily, dignity, future, wealth or businessis is: "not taking the risk" by ignoring it or its poor management.
It is a wise step for any human, socital, corporate, entity, wealth or government culture to act smartly as per plan, and no plan shall be designed by 'no risk taking'.
Thus, behind every successful life, family, community, nation, entrepreneur or entity is evidentially contributed by smart action with wise plan by incorporating appropriate risk taking against unpredicted catastrophe.
Takaful (Islamic insurance), is a scheme designed in the holistic spirit of Shari'ah principles of mutual cooperation, soliderity, brotherhood, shared-responsibility, utmost care & concern among the Ummatic (humanity) environment across the univers by diminishing the issue of one's race, religion, colour, nationality, gender or status by promoting a theme of "Ummatic globalization".
Thus, Takaful scheme provides a meaningful safeguard against risk (loss, damage, catastrophe or disaster) be on one's life, dignity, future, wealth, business or entity. All Takaful schemes are further cooperated by Re-takaful arrangement. Hence, Takaful stands in its capacity as an "Eco-Peace" for the Ummah (humanity).
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world economic reform?:
cooperative micro-finance:
NO to 'micro-credit' but YES to 'cooperative micro-finance'
socio-economic justice for all
No gain at the Cost of others, but a "Just" Distribution with Humanity Concern
socio-economic justice for all
No gain at the Cost of others, but a "Just" Distribution with Humanity Concern
world islamic investment cooperation:
legitimate gain with risk sharing spirit
islamic insurance (takaful):
caring and sharing
legitimate gain with risk sharing spirit
islamic insurance (takaful):
caring and sharing
websites:
applied islamic finance
applied takaful
facebook:
drma'sumbillah
linkedin:
mohd. ma'sum billah
WIF group:
world intellectual forum (WIF)
WIBTF group:
world islamic barter traders' forum (WIBTF)
WIIC group:
world islamic investors' club (WIIC)
private e-mail:
profdrmasumbillah@yahoo.com
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