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Bimabazaar.com-Insurance Articles, Insurance News, Insurance Books, Insurance Magazine, IRDA Exam

Bimabazaar.com-Insurance Articles, Insurance News, Insurance Books, Insurance Magazine, IRDA Exam

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Legal News 

Insurance Court must record reasons for waiving condition of pre-deposit under Sec 75(2)(B) ESI Act: Kerala HC

March 27, 2020April 28, 2020 admin 522 Views 0 Comments General Insurance, Insurance, INSURANCE ACT, Insurance benefits, insurance cases, insurance claims, INSURANCE COMPANY, insurance corporation, Insurance court, Insurance court cases, Insurance coverage, Insurance industry, INSURANCE POLICY, State Insurance Act, the employee state Insurance act, The insurance times
The Kerala High Court has set aside an order passed by an Insurance Court on the ground that the procedure Read more
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Insurance and Islam

December 8, 2010April 4, 2020 Bimabazaar- Adminstrator 2161 Views 0 Comments Frequent Fatwas, General Insurance, Government through the IRDA (in India), Insurance and Islam, insurance claim, insurance corporation, Insurance industry, insurance organization, insurance premium, Insurance Regulatory, life insurance, Muslim community, Mutual insurance, The insurance times

1. Introduction

The validity of the transaction of insurance in Islam has been much talked of from time to time. It is said that it is illegal because the element of “Riba” i.e. interest is mixed in it and some say that the element of “Maiser” i.e., gambling, is the basis of this transaction. Read more

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