Background, problems and solutions for introducing Islamic insurance in the United Kingdom
The article is devoted to the study of Islamic insurance in the United Kingdom. It has been established that insurance is a major component of the state’s financial system. At the same time, there has been a rapid development of Islamic finance in recent years. The total Muslim population in the UK...
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Publishing House of the State University of Management
2021
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oai:doaj.org-article:57d9b7cf82fc46028e995b43a3ab86052021-12-03T07:43:37ZBackground, problems and solutions for introducing Islamic insurance in the United Kingdom1816-42772686-841510.26425/1816-4277-2021-9-130-135https://doaj.org/article/57d9b7cf82fc46028e995b43a3ab86052021-11-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/3101https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The article is devoted to the study of Islamic insurance in the United Kingdom. It has been established that insurance is a major component of the state’s financial system. At the same time, there has been a rapid development of Islamic finance in recent years. The total Muslim population in the UK in 2020 is 4,130,000. Despite its low Muslim population, Great Britain is taking a proactive stance in developing Islamic finance. Despite the low number of Muslims, Great Britain is taking an active position in the development of Islamic finance. The country has established principles for the development of takafuls, and the market is being regulated. In addition, an ambitious target has been set for London to become an Islamic finance centre. There are currently positive trends in the takaful market. Despite this situation, further development in this area is required.A. N. ZhilkinaM.-H. R. OrusbievPublishing House of the State University of Managementarticleinsuranceislamic insurancetakafulfinanceukfinancial servicesinsurerspolicyholdersSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 9, Pp 130-135 (2021) |
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insurance islamic insurance takaful finance uk financial services insurers policyholders Sociology (General) HM401-1281 Economics as a science HB71-74 |
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insurance islamic insurance takaful finance uk financial services insurers policyholders Sociology (General) HM401-1281 Economics as a science HB71-74 A. N. Zhilkina M.-H. R. Orusbiev Background, problems and solutions for introducing Islamic insurance in the United Kingdom |
description |
The article is devoted to the study of Islamic insurance in the United Kingdom. It has been established that insurance is a major component of the state’s financial system. At the same time, there has been a rapid development of Islamic finance in recent years. The total Muslim population in the UK in 2020 is 4,130,000. Despite its low Muslim population, Great Britain is taking a proactive stance in developing Islamic finance. Despite the low number of Muslims, Great Britain is taking an active position in the development of Islamic finance. The country has established principles for the development of takafuls, and the market is being regulated. In addition, an ambitious target has been set for London to become an Islamic finance centre. There are currently positive trends in the takaful market. Despite this situation, further development in this area is required. |
format |
article |
author |
A. N. Zhilkina M.-H. R. Orusbiev |
author_facet |
A. N. Zhilkina M.-H. R. Orusbiev |
author_sort |
A. N. Zhilkina |
title |
Background, problems and solutions for introducing Islamic insurance in the United Kingdom |
title_short |
Background, problems and solutions for introducing Islamic insurance in the United Kingdom |
title_full |
Background, problems and solutions for introducing Islamic insurance in the United Kingdom |
title_fullStr |
Background, problems and solutions for introducing Islamic insurance in the United Kingdom |
title_full_unstemmed |
Background, problems and solutions for introducing Islamic insurance in the United Kingdom |
title_sort |
background, problems and solutions for introducing islamic insurance in the united kingdom |
publisher |
Publishing House of the State University of Management |
publishDate |
2021 |
url |
https://doaj.org/article/57d9b7cf82fc46028e995b43a3ab8605 |
work_keys_str_mv |
AT anzhilkina backgroundproblemsandsolutionsforintroducingislamicinsuranceintheunitedkingdom AT mhrorusbiev backgroundproblemsandsolutionsforintroducingislamicinsuranceintheunitedkingdom |
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1718373390097580032 |