Author: Mamoon Ali Dongula
The primary objectives of this dissertation are to analyze the relationship between insurance development and Islamic religious beliefs as an independent variable, to highlight the importance of insurance in economic growth of developing countries, to advance recommendations for promoting insurance in predominantly Islamic countries, and to review the UAE (United Arab Emirates) potential for insurance development. The findings and results arrived at by this study, which were statistically significant, apparently confirmed the proposed hypothesis that Islamic religious beliefs have significant adverse influence in insurance development in a given country, as measured by all of the six chosen models of insurance penetration and insurance density. The findings and results of this study are consistent with the findings and results attained by previous research studies in this area.
Dr. Mamoon Ali Dongula, PhD, MBA, FCCA, ACII, MCMI, CFC, is a UK Chartered Accountant (CPA equivalent) by profession. He was born in Madani, Sudan. He the holder of dual Canadian and Sudanese nationalities. He is married, and he the father to four grown-up children. He has achieved the highest attainable graduation honor for his PhD dissertation; “Summa Cum Laude” from California Southern University in 2002. He is a senior professional with verifiable consistent success in achieving business growth objectives within turnaround and rapidly changing environments. He is dedicated Finance, Accounting and Management Consultant with high level UK-US academic and professional qualifications plus over 30 years of rich international work experience in the UK, Sudan and the UAE with a blend in the private & public sectors.