AN ANALYTICAL STUDY ON THE CONTRIBUTION OF SYMBIOTIC INSURANCE COMPANIES IN FINANCING INVESTMENT PROJECTS - THE CASE OF SALAMA INSURANCE COMPANY IN ALGERIA
Keywords:
Symbiotic insurance, Symbiotic insurance companies, Investment financing, Salama Insurance CompanyAbstract
This study aims to shed light on Symbiotic insurance companies, which have become one of the main institutions within the contemporary Islamic financial system as an alternative to conventional insurance companies, on the one hand, and on the one hand, and on the one hand, to identify the reality of the practical role of Symbiotic insurance companies in financing investment projects and supporting local development by applying to Salama Insurance Company in Algeria. Investment is a major objective as much as it is interested in compensating for the damages suffered by the participants in its insurance contract and therefore has no practical contribution to financing investment in the various financing formulas adopted by the company at the theoretical level.
References
Bushnaq, Ahmad Al-Gazzar Mohammed, (2022), Symbiotic insurance from the contractual liability of the investment manager - an applied jurisprudence study -, Journal of Sharia and Law Sciences Studies, Deanship of the University of Scientific Research, University of Jordan, Volume 49, Issue 03.
Ben Zaoui Ishraq, Ben Amara Nawal, (2020), Requirements for developing the mechanisms of work of Symbiotic insurance companies - an applied study of Salama Insurance Company during the period (2013-2016), Algerian Journal of Economic Development, Kasdi Merbah University, Ouargla, Volume 7, Issue 1.
Herzallah, Karim, (2021), The Algerian Experience of the Symbiotic Insurance System - Salama Company as a Model -, Scientific Research Books, Tipaza University Center, Volume 9, Issue 1 .
Saed, Ibtisam, (2016-2017), The Role of Islamic Finance Mechanisms in Raising the Financing Efficiency of the Banking System - The Malaysian Experience as a Model - PhD Thesis, Department of Economic Sciences, Faculty of Economic, Commercial and Management Sciences, Mohamed Khider University, Biskra, Algeria.
Sayoud, Walid, (25-26 April 2011), Salama Insurance Algeria's Experience in Marketing Symbiotic Insurance in the Algerian Market, Seminar on Symbiotic Insurance Institutions and Conventional Insurance between Theoretical Foundations and Applied Experience, Ferhat Abbas University, Sétif, Algeria.
Sabbagh, Ahmad Muhammad, (10-11, 2008), Foundations and Formulas of Islamic Insurance, Third Conference of Islamic Banks, Damascus, Syria.
Abdullah Mohammed Al-Fadool, (2020), The Emergence of Symbiotic Insurance and the Principles, Foundations and Regulations Governing the Work of Islamic Insurance Companies (Sudan as a Model), ASOS JOURNAL, Year 8, Issue 102, Page.
Ghobash Farida and Falaq Saliha, (2022), Mechanisms to support the competitiveness of Symbiotic insurance services in the Algerian market - the case of Salama Insurance Company - Journal of Development Research and Studies, University of Bordj Bou Arreridj, Vol. 09, No. 2.
Falaq Saliha and Moamer Hamdi, Hajar Bouziane Rahmane, (2020), Symbiotic Insurance Products in Algeria - A Case Study of Salama Insurance Company - Journal of Economic Diversification, Ain Timouchent University, Vol. 1, No. 1.
Falaq, Saliha, (2014-2015), Requirements for the development of the Symbiotic insurance system - Arab experiences - PhD thesis, Department of Economic Sciences, Faculty of Economic, Commercial and Management Sciences Hassiba Ben Bouali University, Chlef, Algeria.
Al-Qaradaghi, Ali Mohieddin, (2001), Researches in Contemporary Financial Transactions, Dar Al-Bashaer Al-Islamiyya for Printing, Publishing and Distribution, Beirut, Lebanon.
Mohamed Zaki Ali, Maha, (2017), The foundations of the work of Symbiotic insurance companies and the analysis of their financial performance, Scientific Journal of the Faculty of Commerce Sector, Al-Azhar University, Cairo, Issue 17.
Qatalia Essam, Ayad Saleh, Mechanisms of Investment of the Subscribers' Fund in Symbiotic Insurance Companies - An Analytical Study on Some Symbiotic Insurance Companies Active in Saudi Arabia, Journal of Economic Integration, Volume 11, Issue 04, June 2023.
Downloads
Published
How to Cite
Issue
Section
License
LicenseYou are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
