Islamic Insurance (Takaful)
GPTKB entity
Properties (52)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Insurance
|
| gptkbp:distributes |
Surplus among participants
|
| gptkbp:encourages |
Community support
|
| gptkbp:has |
Various models
A unique risk-sharing contract Participants instead of policyholders A_Sharia_board |
| https://www.w3.org/2000/01/rdf-schema#label |
Islamic Insurance (Takaful)
|
| gptkbp:includes |
Family Takaful
General_Takaful Mudharabah-based_Takaful Wakalah-based_Takaful Waqf-based_Takaful |
| gptkbp:involves |
Contributions from participants
Investment_in_Sharia-compliant_assets |
| gptkbp:isA |
Risk-sharing mechanism
|
| gptkbp:isAccessibleBy |
Conventional insurance
|
| gptkbp:isAvailableIn |
Many countries
|
| gptkbp:isAvenueFor |
Individuals and businesses
Takaful insurance |
| gptkbp:isBasedOn |
Cooperation and solidarity
Islamic_principles |
| gptkbp:isConsidered |
A form of social welfare
A viable alternative to conventional insurance |
| gptkbp:isEngagedIn |
Popularity
|
| gptkbp:isGovernedBy |
Takaful Act
|
| gptkbp:isInfluencedBy |
Islamic_teachings
|
| gptkbp:isPartOf |
Islamic_finance
|
| gptkbp:isPromotedBy |
gptkb:Islamic_financial_institutions
gptkb:Islamic_banks Takaful operators |
| gptkbp:isPromotedThrough |
Islamic_finance_education
|
| gptkbp:isRecognizedBy |
Regulatory authorities
|
| gptkbp:isRegulatedBy |
gptkb:Islamic_Financial_Services_Board
|
| gptkbp:isSimilarTo |
A mutual fund
|
| gptkbp:isSubjectTo |
Sharia_compliance_audits
|
| gptkbp:isSupportedBy |
Islamic_scholars
|
| gptkbp:isUsedFor |
Retirement planning
Travel insurance Investment purposes Commercial insurance Home insurance Liability coverage Motor insurance Property coverage Health coverage Life coverage |
| gptkbp:isUsedIn |
Muslim-majority_countries
|
| gptkbp:operates |
gptkb:Sharia_law
|
| gptkbp:promotes |
Mutual assistance
|
| gptkbp:provides |
Financial protection
|
| gptkbp:requires |
Transparency in operations
|