What is Takaful?
This website will explain the basic principle of Takaful and its perspective from conventional insurance.
Takaful is a ‘Shariah Compliance’ (read:Islamic Compliance) mutual risk transfer arrangement, which involves participants and operators. Shariah is based on the Quran and Sunnah (the practice or way of life of the Prophet Muhammad).
Takaful as a consept that to some extent, [...]
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