النظام القانوني لشركة التأمين التكافلي ( دراسة مقارنة )

The legal system of the symbiosis insurance company ( A comparative study )

Symbiosis insurance is an Insurance consistent with the provisions of Islamic law,It is free from deceive concepts and takes care of the rights of all parties in a fair and integrated manner,This insurance aims to consolidate the values of cooperation which Islamic law has approved ,It is not based on the principle of profit as a basis, but on the principle of solidarity and synergy between the participants,This insurance is managed by a company called Symbiosis insurance company The company is an agent for subscribers or policyholders.
Therefore, this company is considered supportive of Islamic finance because of the public interest it achieves on the one hand and the achievement of a private interest for the individuals participating in this company on the other hand, as well as achieving the financial stability of the country.
Symbiosis insurance companies in Iraqi legislation are subject to multiple legal systems, including special systems for Symbiosis controls for the year 2019, and general laws such as the Banks and Companies Law. legitimacy control over these companies, which in turn reflects the credibility of the insurance work
Dealing with Symbiosis companies is like any other legal act that has practical implications represented by the operations adopted by the company such as re- Symbiosis investment and the distribution of the insurance surplus, which is characterized by the specificity of the obligations and mutual rights between the parties to the company in addition to the civil and criminal effects