Deposits Insurance in the Islamic Banks An Inductive Comparative Study

Authors

  • د. محمد عمر الخلف

Keywords:

Insurance, Deposits Insurance, Islamic Banks

Abstract

This research aims to explain the jurisprudential rooting for deposits insurance in the

Islamic banks. As a result of the global expansion of Islamic banking, and the desire to keep up with

surplus banks to compete them, the need emerged to find a possibility of insuring investment deposits.

Many adjustments are found to this matter, such as measurement on joint worker, or guarantee

the bank for deposits because it is a mediator between Mudareb and owner, or guarantee third

party investment deposits whether third party is Cooperative Insurance Fund or government.

The researcher discussed these adjustments and saw that the insurance of deposits are

completely forbidden, and there is no need to the insurance originally, because most of Islamic

banks investments are Murabahat and Ijarat. These contracts are less risky; in addition to that, the

Islamic bank can use another ways, which protect investment deposits from loss.

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Published

2017-08-09

How to Cite

الخلف د. م. ع. (2017). Deposits Insurance in the Islamic Banks An Inductive Comparative Study. Al-Quds Open University for Administrative & Economic Research & Studies, 2(7). Retrieved from https://journals.qou.edu/index.php/eqtsadia/article/view/363

Issue

Vol. 2 No. 7 (2017): المجلد الثاني،ع(7)جمادى الأولى1438هـ/كانون الثاني2017م

Section

الأبحاث

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