Some Muslims believe insurance is unnecessary, as society should help its victims. "Insurance," however, need not be a commercial venture. In its purest sense, it is assistance with the adverse effects of inevitable afflictions, an arrangement beneficial to all. Schemes to ensure the livelihoods of traders and communities have been in existence for millennia. Commercial insurance on the other hand, was invented ostensibly for the same ends but with the chief beneficiaries being the shareholders and directors. Among the countless revelations Islam passed on, two prohibitions, namely riba (usury) and gharar (risk), have been used by legislators as grounds for the prohibition of insurance. Islam is not against making money, and there is no inherent conflict between the material and the spiritual. Islamic law allows igtehad (initiative) to the benefit of people as long as there is no harm to other people. Muslims can no longer ignore the fact that they live, trade and communicate with open global systems, and they can no longer ignore the need for banking and insurance. There is no prohibition in Islamic law against banking, nor insurance; similarly, Muslims can create insurance schemes that use their faith as the immutable basis for a working model. Aly Khorshid demonstrates how initial clerical apprehensions were overcome to create pioneering Muslim-friendly banking systems, and applies the lessons learnt to a workable insurance framework by which Muslims can compete with non-Muslims in business and have cover in daily life. The book uses relevant Quranic and Sunnah extracts, and the arguments of pro- and anti-insurance jurists to arrive at its conclusion that Muslims can enjoy the peace of mind and equity of an Islamic insurance scheme.
This book provides a much-needed analysis of this very important subject for international business lawyers, including discussion of the jurisdictional and choice of laws issues arising from cross-border contracts of insurance and reinsurance concluded by electronic means. This book is the first published in England to devote itself to a detailed analysis of the choice of laws rules in the E.C. Insurance Directives. It is aimed at academics and practitioners, at private international lawyers and at insurance lawyers. The private international law rules of the E.C. Insurance Directives deal with the applicable law to insurance contracts covering risks situated within the EU. They do not deal with the applicable law to reinsurance contracts and insurance contracts covering risks situated outside the EU. This should be ascertained by reference to the choice of laws provisions in the 1980 Rome Convention on the law applicable to contractual obligations. Detailed discussion of these rules is also provided, and proposals for reform suggested.
Here's How to Get the Insurance Protection You Need for Your California RCFE You already know running a home care facility takes round the clock care and attention. You also know that there are certain liabilities that come from running an RCFE, such as a resident getting hurt, or an employee having an accident. The confusing part is knowing how make sure you have the right insurance so your livelihood is not in jeopardy when you have a large or small accident at your facility. That's where we come in. We help people just like you ensure you have the right insurance coverage so you can focus on what you do best, which is giving the highest level of care you can for the residents. Step 1: Call us for a quick insurance audit. We'll review your coverage to make sure you have the right insurance coverage for your facility. Step 2: If necessary, we will then source for you the best insurance that makes sense for your business and show you where you are exposed to unnecessary risk. Step 3: We take it from here and continue to monitor your insurance needs. If something changes, we can help you incorporate the changes so you are still adequately covered. Most people think they are saving money when they get a lower quote for insurance. Not all policies are equal though and you don't want to be the guy who did not have enough or the right kind of insurance. Now you can get the insurance protection you need and sleep well at night knowing you are covered. If you'd like us to help, just send an email to: Charley@BealsAgency.com or call us at 805-379-2022 and we will take it from there.
Casuistry, Virtue and Business Ethics brings together three important processes for business ethics: casuistry, virtue ethics and the business case method. In doing so, it considers the overlap and synergy of casuistry and virtue ethics, the similarities and differences of casuistry and the business case method and the relationships between emerging and well-established cases. The goal of the book is twofold: to provide a distinctly practical method for moral decision-making within the context of business and to illustrate how contemporary vexing issues are similar to those of the past and how they might be resolved satisfactorily.
This money-saving package includes the 4th edition of Health Insurance Today?Textbook and Workbook.
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