Takaful insurance product controls in accordance with Executive Decree No. 21-81 And the challenges you face

Abstract

This intervention aims to show the controls of takaful insurance products in Algeria in accordance with executive decree No. 21-81 of 23 February 2021, as it has its own conditions, the most important of which is that it conforms to the provisions of Islamic law, and may be motivated by the novelty of the articles of this decree and the lack of authors in it, and an affirmation of the privacy characterized by these products as products to secure islamic symbiotic The legislator has now realized the need to apply Islamic takaful insurance in Algeria, an experience that must be taken seriously in order to improve the status of the insurance environment in the country and the demand to invest in its products, but this insurance still faces some challenges that we believe need to be overcome to make it a success Keywords: Insurance, Takaful, Insurance Products, Executive Decree No. 21-81