Role of Islamic Religious Beliefs in Insurance Development and the Case of Uae

The primary objectives of this dissertation are to analyze the relationship between insurance development and Islamic religious beliefs as an independent variable, to highlight the importance of insurance in economic growth of developing ...

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Author: Mamoon Ali Dongula

Publisher:

ISBN: 164166147X

Category:

Page:

View: 736

The primary objectives of this dissertation are to analyze the relationship between insurance development and Islamic religious beliefs as an independent variable, to highlight the importance of insurance in economic growth of developing countries, to advance recommendations for promoting insurance in predominantly Islamic countries, and to review the UAE (United Arab Emirates) potential for insurance development. The findings and results arrived at by this study, which were statistically significant, apparently confirmed the proposed hypothesis that Islamic religious beliefs have significant adverse influence in insurance development in a given country, as measured by all of the six chosen models of insurance penetration and insurance density. The findings and results of this study are consistent with the findings and results attained by previous research studies in this area.

The Insurance Sector in the Middle East and North Africa

This paper studies the causes of the low development of the insurance sector in the Middle East and North African (MENA) region, particularly for long term insurance.

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Author: Rodney R. Lester

Publisher:

ISBN: OCLC:1305839099

Category:

Page: 43

View: 903

This paper studies the causes of the low development of the insurance sector in the Middle East and North African (MENA) region, particularly for long term insurance. The paper shows that life and non-life premiums, as well as assets, are very low relative to expected levels given per capita income and demographic characteristics, and examines the causes of such poor performance. There is a wide range of factors constraining the development of the industry, including the absence of mandatory insurance in key areas, the predominant presence of the state in some countries, gaps in regulation and supervision, unsupportive tax regimes, fragmented market structures, a chronic lack of suitably skilled people, as well as the absence of products that conform with cultural/religious preferences, especially in the case of life insurance. The lack of development of the insurance sector is a matter of concern, as research shows that the sector can contribute to both financial and economic development. Key recommendations to accelerate the development of the sector include wider introduction of mandatory insurance lines that have clear positive externalities, continuing the privatization process for government owned insurers, employing non capital techniques to force rationalization of insurance sectors with too many small and inefficient players, removing tax distortions, taking steps to stabilize motor third party liability markets (typically the largest line of business), strengthening reporting and disclosure, regulating banc-assurance, improving consumer protection, further developing Takaful long term insurance ('Family Insurance'), and establishing regional centers of excellence for skills development.

Major Companies of the Arab World 1990 91

... 155 Arab Trading а Development Co Ltd 156 Arab Trading 8i Marketing Co Ltd 156 Arab Union international Insurance ... Со 157 Bisharat, Ghaleb Shaker, E Co 157 British Bank ot the Middle East (T he) 158 Bukhari Trading E Industrial ...

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Author: G. C. Bricault

Publisher: Springer Science & Business Media

ISBN: 9789400907959

Category: Business & Economics

Page: 1150

View: 609

This book represents the fourteenth edition of the IMPORTANT leading reference work MAJOR COMPANIES OF All company entries have been entered in MAJOR THE ARAB WORLI;L _ COMPANIES OF THE ARAB WORLD absolutely free This volume has been completely updated of charge, thus ensuring a totall-y objective approach compared to last year's edition. Many new to the information given. companies have also been included. Whilst the publishers have made every effort to The publishers remain confident that MAJOR ensure that the information in this book was correct COMPANIES OF THE ARAB WORLD contains more at the time of going to press, no responsibility or information on the major industrial and commercial liability can be accepted for any errors or omissions, companies than any other work. The information in or for the consequences thereo{ the book was submitted mostly by the companies themselves, completely free of charge. To all those ABOUT GRAHAM & TROTMAN L TO companies, which assisted us in our research Graham & Trotman Ltd, a member of the Kluwer operation, we express grateful thanks. To all those Academic Publishers Group, is a publishing individuals who gave us help as well, we are similarly organisation specialising in the research and very grateful. publication of business and technical information ,for industry and commerce in many parts of the Definition of a major company world.

Major Companies of the Arab World 1993 94

Sharjah Airport Authority 864 Sharjah Cement 8 Industrial Development Co Ltd 864 Sharjah Container Terminal 864 Sharjah Continental Hotel 864 Sharjah Electrodes 864 Sharjah Group Company 864 Sharjah Insurance 8 Reinsurance Co 864 ...

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Author: Giselle C Bricault

Publisher: Springer Science & Business Media

ISBN: 9789401114585

Category: Business & Economics

Page: 1152

View: 930

This book represents the seventeenth edition of the leading IMPORTANT reference work MAJOR COMPANIES OF THE ARAB WORLD. All company entries have been entered in MAJOR COMPANIES OF THE ARAB WORLD absolutely free of ThiS volume has been completely updated compared to last charge, thus ensuring a totally objective approach to the year's edition. Many new companies have also been included information given. this year. Whilst the publishers have made every effort to ensure that the information in this book was correct at the time of press, no The publishers remain confident that MAJOR COMPANIES responsibility or liability can be accepted for any errors or OF THE ARAB WORLD contains more information on the omissions, or fqr the consequences thereof. major industrial and commercial companies than any other work. The information in the book was submitted mostly by the ABOUT GRAHAM & TROTMAN LTD companies themselves, completely free of charge. To all those Graham & Trotman Ltd, a member of the Kluwer Academic companies, which assisted us in our research operation, we Publishers Group, is a publishing organisation specialising in express grateful thanks. To all those individuals who gave us the research and publication of business and technical help as well, we are similarly very grateful. information for industry and commerce in many parts of the world.

Major Companies of the Arab World 1988

... Co (AIIC) Arab Industrial Oil 8 Soap Co Arab Insurance Group (ARIG) Arab International Bank Arab International Bank Arab International Co for Hotels 8 Tourism Arab International Development Со ЕС Arab International insurance Со Arab ...

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Author: G. C. Bricault

Publisher: Springer Science & Business Media

ISBN: 9789401197946

Category: Business & Economics

Page: 1076

View: 391

This book represents the twelfth edition of the IMPORTANT leading reference work MAJOR COMPANIES OF All company entries have been entered in MAJOR THE ARAB WORLD. COMPANIES OF THE ARAB WORLD absolutely free This volume has been completely updated of charge, thus ensuring a totally objective approach compared to last year's edition. Many new to the information given. companies have also been included. Whilst the publishers have made every effort to The publishers remain confident that MAJOR ensure that the information in this book was correct COMPANIES OF THE ARAB WORLD contains more at the time of going to press, no responsibility or information on the major industrial and commercial liability can be accepted for any errors or omissions, companies than any other work. The information in or for the consequences thereof. the book was submitted mostly by the companies themselves, completely free of charge. To all those ABOUT GRAHAM & TROTMAN L TD companies, which assisted us in our research Graham & Trotman Ltd, a member of the Kluwer operation, we express grateful thanks. To all those Academic Publishers Group, is a publishing individuals who gave us help as well, we are similarly organisation specialising in the research and very grateful. publication of business and technical information for industry and commerce in many parts of the Definition of a major company world.

Major Companies of the Arab World 1992 93

Kharafi. м А Kuwaiti Yemeni Real Estate Development Co M A Kharafi Main Trading Co {Yemen} Ltd Marel: Trading & Development Corporation Mereb Yemen Insurance Co (часа Middle East Shipping Co Middle East Trading Co Mohamed Saeed Ghaleb ...

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Author: G. Bricault

Publisher: Springer Science & Business Media

ISBN: 9789401122443

Category: Business & Economics

Page: 1125

View: 304

This book represents the sixteenth edition of the leading IMPORTANT reference work MAJOR COMPANIES OF THE ARAB WORLD All company entries have been entered in MAJOR COMPANIES OF THE ARAB WORLD absolutely free of This volume has been completely updated compared to last charge, thus ensuring a totally objective approach to the year's edition. Many new companies have also been included information given. this year. Whilst the publishers have made every effort to ensure that the information in this book was correct at the time of press, no The publishers remain confident that MAJOR COMPANIES responsibility or liability can be accepted for any errors or OF THE ARAB WORLD contains more information on the omissions, or for the consequences thereof. major industrial and commercial companies than any other work. The information in the book was submitted mostly by the ABOUT GRAHAM & TROTMAN LTD companies themselves, completely free of charge. To all those Graham & Trotman Ltd, a member of the Kluwer Academic companies, which assisted us in our research operation, we Publishers Group, is a publishing organisation specialising in express grateful thanks. To all those individuals who gave us the research and publication of business and technical help as well, we are similarly very grateful. information for industry and commerce in many parts of the world.

Major Companies of the Arab World 1991 92

... Abdul Rahman, 897 Bank of Oman 897 ETISALAT 897 Middle East Bank Ltd 897 National Bank of Dubai 897 National Bank of ... Trading 8 Development Corporation Mareb Yemen Insurance Co (YSC) Middle East Shipping Co Middle East Trading Co ...

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Author: G. C. Bricault

Publisher: Springer Science & Business Media

ISBN: 9789401174800

Category: Business & Economics

Page: 1120

View: 362

This book represents the fifteenth edition of the leading IMPORTANT reference work MAJOR COMPANIES OF THE ARAB WORLD. All company entries have been entered in MAJOR COMPANIES OF THE ARAB WORLD absolutely free of This volume has been completely updated compared to last charge, thus ensuring a totally objective approach to the year's edition (with the exception of Iraq due to the information given. circumstances of war). Many new companies have also been Whilst the publishers have made every effort to ensure that the included this year. information in this book was correct at the time of press, no responsibility or liability can be accepted for any errors or This year, the Kuwaiti section contains an appendix giving omissions, or for the consequences thereof. addresses for relocated Kuwaiti companies (with telephonel telefax numbers where possible). This appendix allows the ABOUT GRAHAM & TROTMAN LTD reader to cross-refer the Kuwaiti company to its relocation Graham & Trotman Ltd, a member of the Kluwer Academic entry in the relevant Arab country or to contact them direct if Publishers Group, is a publishing organisation specialising in they have relocated to a non-Arab country. the research and publication of business and technical information for industry and commerce in many parts of the The publishers remain confident that MAJOR COMPANIES world.