Kafala - Study guides, Class notes & Summaries

Topic 9 : Fundemantal Of Takaful Questions and Answers 100% Pass Islam and Insurance - Correct Answer ️️ -Insurance operation did not confirm to Islamic Law due to the existance these elements. Element that make insurance did not confirm in Islam - Correct Answer ️️ -Gharar- uncertainty Maisir- gambling Riba- usury/ interest Gharar - Correct Answer ️️ -- what being bought is not clearly defined/uncertainty - existance of uncertainty in contract : 1. premium payment nsation...

Topic 9 : Fundemantal Of Takaful Questions and Answers 100% Pass Islam and Insurance - Correct Answer ️️ -Insurance operation did not confirm to Islamic Law due to the existance these elements. Element that make insurance did not confirm in Islam - Correct Answer ️️ -Gharar- uncertainty Maisir- gambling Riba- usury/ interest Gharar - Correct Answer ️️ -- what being bought is not clearly defined/uncertainty - existance of uncertainty in contract : 1. premium payment nsation...

Takaful Exam Questions and Answers 100% Correct Contractual Relationship between Participants and the Takaful Operator - Correct Answer ️️ --Mudharabah -Wakalah -Ju'alah -Wadi'ah Yad Damanah Mudharabah - Correct Answer ️️ --means giving specified amount of capital to another person who will trade with the capital for the purpose of sharing the profits generated according to a pre-agreed ratio. -participants contribute money to fund. takaful operator manages fund. -profit shar...

Islam and Insurance - Answer-Insurance operation did not confirm to Islamic Law due to the existance these elements. Element that make insurance did not confirm in Islam - Answer-Gharar- uncertainty Maisir- gambling Riba- usury/ interest Gharar - Answer-- what being bought is not clearly defined/uncertainty - existance of uncertainty in contract : 1. premium payment nsation payment e of contract (aleotary) monetary value exchnage may not same. Maisir - Answer-participants might purchas...

Contractual Relationship between Participants and the Takaful Operator - Answer--Mudharabah -Wakalah -Ju'alah -Wadi'ah Yad Damanah Mudharabah - Answer--means giving specified amount of capital to another person who will trade with the capital for the purpose of sharing the profits generated according to a pre-agreed ratio. -participants contribute money to fund. takaful operator manages fund. -profit shared between participants and takaful operator based on pre-agreed ratio or percentag...

how did Dubai get so rich? - Answer- Shipping ports, zones attract businesses Sheikdom - Answer- Dubai was a apart of a series of Islamic sheikdoms before the 1800s; A sheikdom is a geographical area or a society ruled by a tribal leader trucial states - Answer- sheikdoms became trucial states (a British protectorate) through a peace treaty between the British and the sheikdoms pearling industry - Answer- - a thriving trade in pearls developed and the city grew with the trade - however...

there are significant links between the challenges faced by migrant workers in the Gulf Arab states and more general concerns about economic justice, mobility, and inequality. Their precarious existence and labor activism are linked to the ongoing struggles in South Asia's political economy against land dispossession, caste oppression, and lack of opportunity. The significance of coalition-building that recognizes past debts and complicity in exploitation, as well as the interconnectedness of i...