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Titlebook: Islamic Insurance Products; Exploring Takaful Pr Mohd Ma’Sum Billah Book 2019 The Editor(s) (if applicable) and The Author(s) 2019 Takaful.

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Preview of General of mutual help in relation to the custom of blood money under Arab tribal customs. The teaching of Islam encompasses the essence of peace, economic well-being and development of Muslims at all levels. The principle of compensation and group responsibility was accepted by Islam and the Holy Prophet.
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Motor sinclined to accept insurance because they believe that it involves .. In response to this, the Islamic scholars have analysed the operation of insurance and eliminated the illegal elements in conventional insurance; they have then suggested the . is the best insurance to substitute for the conventi
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Accident types of insurance. The first is life insurance, also known as Family .. The other one is General Insurance. An Islamic . transaction is a policy of mutual co-operation, solidarity and brotherhood against unpredicted risk or catastrophe, in which the parties are expected to contribute genuinely. In
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Experience in Fire The main objective is to provide protection for participants and help them in facing their potential burden through the support of financial mechanisms. This plan offers protection to participants in the event of fire, lighting strike or explosion.
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Group , Plantually conducts the business. The operation of . may thus be envisaged as the profit-sharing business venture between the . operator and the individual members of a group of participants who desire to reciprocally guarantee each other against loss or damage that may be inflicted upon any one of them
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Group , Plan for Health Carees for the participants and family members. Through . Medical, participants will be covered for hospital fees and surgery expenses. While in . Hawa, participants also will be covered for hospital and surgery expenses but with a focus more on cancer and related diseases. As we know, nowadays women ar
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Pilgrimage (Hajj)  hours a day, seven days a week. Thus, Shari’ah has provided a solution as precautionary steps against unpredicted risk. The practice recognised as . is among the potential techniques which offer possible securities for someone who encounters risk. In case of pilgrimage, pilgrims are exposed to vari
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