RE-TAKAFUL – Reinsurance

TAKAFUL – Islamic Insurance Takaful – Islamic Insurance is originated from Arabic word Kafalab. It means “joint guarantee”. This is a cooperative scheme where participants pay donations (a premium), which is also called Tabarru, in a common pool. In return, this donation is used to compensate valid claim. RE-TAKAFUL – Reinsurance Re-takaful or Reinsurance operates […]