One important requirement found in regulatory requirements in most jurisdictions is the establishment of a Committee of Shari‘ah expert by Takaful Operators (TO). Depending...
Takaful or practising the concept of Takaful has been around for centuries. Scriptures tell us that Prophet Mohammed (PBUH) encouraged the practice of Takaful...
A global observer of takaful could easily be puzzled by the differences in its practice and implementation among countries. Why, for example, is the...
This chapter discusses the importance of takaful in putting together wealth management solutions. These solutions are explained at two levels; one for wealth managers...
KEY MESSAGES:
As one of the four pillars of financial inclusion, takaful products can make a significant positive difference in the lives of vulnerable individuals...