이슬람 보험(Takaful)의 급격한 성장과 한국 보험 산업의 진입을 위한 법적 과제

Takaful is the means of bringing the social and economic benefits of modern insurance coverage, in a form consistent with their religious beliefs, to Muslims and to the emerging economies of many predo- minantly Muslim countries. As such, the development of takaful is crucial, both to social inclusion in non-Muslim countries, and to economic development in a number of countries with emerging market economies. It is therefore hardly surprising that the takaful industry is undergoing a period of rapid growth. Yet the development of takaful faces some formidable barriers that are largely due to the complex structure of takaful undertakings and the unresolved issues associated with it. These issues contribute to making the development of an appropriate legal and regulatory infra- structure, as well as financial reporting, corporate governance, rating and other related matters, problematic for the takaful industry. The author emphasizes that a sound regulation and supervision framework is essential for improving the efficiency of the market for insurance generally and for Korea insurance entities entry to the takaful market in particular.