| Autor: |
Ansari, Sanaullah, Bahari, Zakaria Bin |
| Zdroj: |
Middle East Journal of Management; 2021, Vol. 8 Issue: 1 p125-139, 15p |
| Abstrakt: |
Financial inclusion is the provision of financial services at reasonable and affordable cost. Takafulis the Islamic form of insurance which is designed as per Sharia'h principles. Micro Takafulprovides financial protection to blue-collared, low-income and under-privileged individuals. It provides financial security against property, health, disability and life. Pakistan is a Muslim country where interest-based financial system is switching towards Islamic. Currently, five Takafulcompanies are operating in Pakistan which is providing general Takafuland life Takafulservices including micro Takafulon a very small scale. It includes financial coverage of low-cost houses, student's healthcare in government schools, financial protection of factory workers and crops-Takaful. Findings of the study reveal that micro Takafulindustry is at the beginning stage in the country and Takafulcompanies must increase the span of their micro Takafulservices because it has very important and key role in the achievement of Islamic financial inclusion in Pakistan. |
| Databáze: |
Supplemental Index |
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