Takaful Insurance
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Shariah Compliance: Shariah-compliant business insurance operates in accordance with Islamic law, ensuring that insurance contracts and practices do not involve elements such as interest (riba), uncertainty (gharar), or prohibited activities (haram) as defined by Shariah principles
Sharia-compliant insurance, also known as Takaful, is a form of insurance based on Islamic principles that avoids interest-based transactions. Takaful operates on a cooperative model where participants contribute to a shared fund to mitigate risks, and any surplus is returned to participants. Several companies offer Sharia-compliant insurance solutions, i
Sharia-compliant insurance, also known as Takaful, is a form of insurance based on Islamic principles that avoids interest-based transactions. Takaful operates on a cooperative model where participants contribute to a shared fund to mitigate risks, and any surplus is returned to participants. Several companies offer Sharia-compliant insurance solutions, i
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