Synthesis of derivatives Islamic banking takful (insurance) and hedge fund

Abstract

Methodological base of research in given clause was made with modern concepts Islamic банкинга and Islamic model of financing takaful (insurance) as a whole. Findings: the results indicate the mathematical model consists of a probability space, a Brownian motion and a Poisson process. The jumps are independent and identically distributed. The approach consists of defining a notion of risk and production instrument takaful (insurance) in order to minimize the risk. Originality/value: - In new judgement the principle «riba» an islam breaking moral laws as an interdiction of usury and its significant advantages in any spheres of human life is shown; - The author’s financial analysis of economic experience Islamic banking in the countries of near and far abroad as new judgement of Islamic bank system is lead; - In a new context features of financial specificity Islamic model of financing takaful (insurance) in modern Kazakhstan are revealed. Keywords: Islamic Bank, financial instruments the Islamic banking, takaful (insurance), risk management.