Mitigation of risk while carrying out commercial activities is not permissible in Islam.
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Q14: Literally, takaful means joint responsibility or guarantee
Q15: Takaful is an alternative system of insurance
Q16: Despite the major difference between conventional insurance
Q17: Takaful industry is limited in its scope
Q18: There are two main parties in the
Q20: The concept of donations is adopted and
Q21: The underwriting surplus is calculated by deducting
Q22: It is safe to claim that the
Q23: The first resolution on the permissibility of
Q24: Partnering with international giants in offering of
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