Takaful is an alternative system of insurance where members contribute their financial resources into a common pool based on the principles of profit-and-loss sharing PLS..
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Q10: Islamic law restricts the role of the
Q11: The model of takaful adopted by the
Q12: The real concept of takaful relates more
Q13: Although the aim of takaful is to
Q14: Literally, takaful means joint responsibility or guarantee
Q16: Despite the major difference between conventional insurance
Q17: Takaful industry is limited in its scope
Q18: There are two main parties in the
Q19: Mitigation of risk while carrying out commercial
Q20: The concept of donations is adopted and
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