Takaful definitions - Study guides, Class notes & Summaries

Takaful definitions Questions with 100% Correct Answers Risk Management - Correct Answer ️️ -Identification analysis and economic control of those risks which can threaten the assets or earning capacity of an enterprise. Insurable Interest - Correct Answer ️️ -The legal right to insure arising out of a financial relationship, recognised at law, the subject matter of insurance. Insurance Contract - Correct Answer ️️ -An agreement, enforceable by law, between two or more persons ...

Risk Management - Answer-Identification analysis and economic control of those risks which can threaten the assets or earning capacity of an enterprise. Insurable Interest - Answer-The legal right to insure arising out of a financial relationship, recognised at law, the subject matter of insurance. Insurance Contract - Answer-An agreement, enforceable by law, between two or more persons to do, or abstain from, some act or acts, their intention being to create legal relations and not merely ...

Takaful definitions Questions with 100% Correct Answers Risk Management - Correct Answer ️️ -Identification analysis and economic control of those risks which can threaten the assets or earning capacity of an enterprise. Insurable Interest - Correct Answer ️️ -The legal right to insure arising out of a financial relationship, recognised at law, the subject matter of insurance. Insurance Contract - Correct Answer ️️ -An agreement, enforceable by law, between two or more persons ...