The following features are unique to takaful EXCEPT:
A) cooperative risk sharing
B) profit and loss sharing
C) clear financial segregation
D) Sharī'ah-compliant policies and strategies
Correct Answer:
Verified
Q44: Within the conventional framework of insurance, the
Q45: It is the duty of the takaful
Q46: The shareholders will get reimbursed from the
Q47: Sharī'ah scholars prohibit the takaful operators to
Q48: The basic concepts. of mutuality that is/are
Q50: The two main funds in the takaful
Q51: Takaful is an alternative system of insurance
Q52: The number of parties involved in takaful
Q53: The takaful operator may provide a qard
Q54: Recorded losses in the Participants' Investment Fund
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