Differences of Shariah and Conventional Insurance
Differences of Shariah and Conventional Insurance
There are seven fundamental differences between Islamic insurance with conventional insurance.
The differences are:
Shariah insurance has a Sharia Supervisory Board (SSB), a product marketed betugas oversee and manage investment funds. Sharia Supervisory Board is not found in conventional insurance.
Transactions are conducted in accordance
There are seven fundamental differences between Islamic insurance with conventional insurance.
The differences are:
Shariah insurance has a Sharia Supervisory Board (SSB), a product marketed betugas oversee and manage investment funds. Sharia Supervisory Board is not found in conventional insurance.
Transactions are conducted in accordance
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