___________________ is based on the contract of agency between the takaful participants and the takaful operator where the takaful participants are the real owners of the fund, and the takaful operator acts as an agent.
A) the Mudarabah Model of takaful
B) the Wakalah Model of takaful
C) hybrid Wakalah-cum-Mudarabah Model of takaful
D) wakalah with Waqf Model of takaful
Correct Answer:
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