The funds contributed by the participants under the mudarabah model of takaful are divided into Participants' Risk Fund PRF. and Participants' Investment Fund PIF..

Question

Quizplus · Accepted Answer

In the mudarabah model of takaful, the contributions from participants are indeed divided into two separate funds: the Participants' Risk Fund (PRF), which is used to pay claims, and the Participants' Investment Fund (PIF), which is invested to generate profit for the participants.

The Funds Contributed by the Participants Under the Mudarabah Model