Takaful: Concept and Model by Atiquzzafar Khan

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Growth Outlook World Muslim population is estimatedat 1.5 billions, of which around 97%are based in Asia and Africa. A two-digit growth in the range of15% to 20% can be reasonablysustained for at least the next 10years in the existing markets (Farand Middle East).
New Takaful Frontiers Markets like Europe, North and LatinAmerica, Central Asia, Australiawhere large Muslim communities liveare huge untapped reservoirs; The recent opening towards “Islamicwindows” in the banking sector inEurope is likely to be followed by“Takaful windows” initiatives.
Page 1 and 2: Takaful: Concepts and ModelsByAtiqu
Page 3 and 4: Risk and Insurance:Risk and uncerta
Page 5 and 6: Socio-Economic Benefits of Insuranc
Page 7 and 8: Shariah Position of InsuranceOpinio
Page 9 and 10: Major Arguments AgainstInsuranceAcc
Page 11 and 12: Takaful Pioneers Takaful started so
Page 13 and 14: Other Islamic/ Takaful Legislations
Page 15 and 16: Takaful driversThis movement is dri
Page 17 and 18: Takaful OperatorsThe number of Taka
Page 19 and 20: Takaful Geographical SpreadSouth& E
Page 21 and 22: WORKING OF THE TAKAFULBUSINESS: The
Page 23 and 24: Mudarabah ModelFamily TakafulProfit
Page 25 and 26: In case the Partcipant survivedShou
Page 27 and 28: Shariah Concerns regarding Mudaraba
Page 29 and 30: Wakalah ModelGeneral TakafulCOMPANY
Page 31 and 32: Waqf Model
Page 33 and 34: Cont… Waqif has right to set the
Page 35 and 36: A Waqf Fund would basically be asep
Page 37 and 38: The Challenges ahead Despite a rema
Page 39: Future OutlookDespite the remarkabl
Page 43 and 44: Conclusions Despite the challenges

Takaful: Concept and Model by Atiquzzafar Khan

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