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" At The Hands of Fate: The Political Economy of Islamic Insurance in Indonesia, Malaysia, and Pakistan, C. 1980 to The Present "


Document Type : Latin Dissertation
Language of Document : English
Record Number : 1052486
Doc. No : TL51603
Main Entry : Rahman, Muhammad S.
Title & Author : At The Hands of Fate: The Political Economy of Islamic Insurance in Indonesia, Malaysia, and Pakistan, C. 1980 to The Present\ Rahman, Muhammad S.Adams, Francis
College : Old Dominion University
Date : 2019
Degree : Ph.D.
student score : 2019
Note : 322 p.
Abstract : Why have Islamic insurance systems developed well in some countries, but not in others? Malaysia is considered as Islamic insurance elite due to its relatively large number of operators it houses as well as the sustained growth of Islamic insurance sales within the country, while Indonesia and Pakistan are still in early stages of development. Analyzing the political and social history of Islamization of insurance systems in these three Muslim majority countries in Asia since 1980s, this dissertation demonstrates the development gap between these countries on Islamic insurance results from; firstly, complex bargains made between various groups within each country polity, and those bargains are structured by the country’s fundamental political institutions. Secondly, the gap is also an outcome of different societal transformations during the Islamization that ‘produce Islam(s)’ in these countries. The revival of Islamic principles in these countries does not only create Sharia-compliant financial products but produces Islamic norms, identities, ethics, and practices enacted in their risk management.
Descriptor : International relations
: Middle Eastern history
: Middle Eastern studies
Added Entry : Adams, Francis
Added Entry : Old Dominion University
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