... (donation) philosophy fundamental of Islamic insurance. Thus, the adoption of “contribution” for Islamic insurance payment for services, and the term “rating” for conventional insurance payment for insurance services. Profit distribution Islamic insurance Shariah compliance Risk-sharing...

... Publishing Limited 2014 Performance Profit distribution Transparency In the past few years, it has been widely believed that transparency enhances market disciplines. This trend toward transparency has triggered tremendous improvements in accounting rules and capital regulations that serve...