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InterviewSolution
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What Is Takaful? |
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Answer» Takaful is a protection plan BASED on Shariah principles. By contributing a sum of money to a common takaful fund in the FORM of participative contribution (tabarru), you UNDERTAKE a contract (aqad) to become one of the participants by AGREEING to MUTUALLY help each other, should any of the participants suffer a defined loss. Takaful is a protection plan based on Shariah principles. By contributing a sum of money to a common takaful fund in the form of participative contribution (tabarru), you undertake a contract (aqad) to become one of the participants by agreeing to mutually help each other, should any of the participants suffer a defined loss. |
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