Deposit insurance: Conventional and Shariah approach

Deposit insurance has become an integral element of the modern banking system, which contributes to safety depositors and business stability banks. This paper analyzes conventional Shariah approach deposit insurance. The aims consider features insurance, including their similarities differences. Based on analysis mentioned approaches considering functions in it can be concluded that Islamic model, created accordance with principles, model do not differ significantly. difference is primarily reflected fact contains certain Shariah-prohibited elements, come fore financing system investing available surplus funds.