UK to become the first European country to make the insurance system with Islam. Of course, in accordance with the provisions of Islam and forbid usury.
Several years later, the UK has expressed itself as the city to financial bodies Sharia. Until now this has been established conventional insurance, but also provides Sharia.
The Muslims are the minority in Western countries, especially Europe. However, indeed, the UK's first sharia opens insurance first in the country.
I have insurance with sharia insurance conventional.
Of course flysoul conventional insurance that are common, cause fear among the Muslims. Thus, the insurance company customers look from the Muslims. In fact many people who are interested muslim insurance insuring with sharia.
This insurance has a target of investment growth and economic progress in the UK. In addition, the desire to become England's first European country to make the insurance system with islam. Of course with appropriate provisions of Islam and forbid usury.
Insurance are anma Salaam Halal Insurance, the service is to accommodate the needs of Muslims in the UK which is only about 2 million people. For, during the time in the UK only stand opposite each of the conventional insurance with the provisions of Islam.
Insurance companies have operated with the principles of Takaful, which bear the same losses between the insurer and the company. So, the Muslims in the UK does not need to taku for insuring.
Persons who wish to enroll in this insurance, must pay the policy. That this policy will be paid save in some place. Then the funds will be invested in the form of Sharia insurance. Later, funds will be used to pay claims which arise at the end of the year.
If there are excess costs will be distributed back to the policyholder through discounts for paying the next premium. Although this insurance Syariat Islamic wear, but does not close the possibility for non-Muslims to join.
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