In Islamic insurance, or takaful, participants contribute to a common fund, and settlements are settled from that fund.

Name: In Islamic insurance, or takaful, participants contribute to a common fund, and settlements are settled from that fund.
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In takaful, participants pool their contributions into a common fund, which is then used to settle claims or losses of any member who has suffered the insured event.

In Islamic Insurance, or Takaful, Participants Contribute to a Common