Saglam, Hadi

In the history of Islamic law, the meaning of Akile institution -which has many similarities with today's insurance system- has always been wondered. Whether this institution is a social structure through which perfect responsibility is organized in line with the Nasses (Qur'anic Text)? Does this discipline constitute the background for today's 'insurance'; or is 'akile' of the old times simply today's 'insurance'? This paper discusses the 'akile' institution known as the insurance of the classical period in the context of the history of Islamic law and compare it with today's insurance system.