The model of takaful adopted by the stakeholders determines profit distribution as well as remuneration of the takaful operator.

Name: The model of takaful adopted by the stakeholders determines profit distribution as well as remuneration of the takaful operator.
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Question

Quizplus · Accepted Answer

The model of takaful (Islamic insurance) adopted (e.g., Mudarabah, Wakalah, or a hybrid) directly influences how profits are distributed among participants and how the takaful operator is remunerated for managing the takaful fund.

The Model of Takaful Adopted by the Stakeholders Determines Profit