Takaful Services

GPTKB entity

Properties (41)
Predicate Object
gptkbp:instanceOf Takaful
gptkbp:aimsTo provide financial protection
gptkbp:basedOn voluntary participation
mutual cooperation
principles of mutuality
the_concept_of_Tabarru
gptkbp:can_be health risks
liability risks
property risks
gptkbp:distributes surplus funds
gptkbp:has popularity
gptkbp:has_a conventional insurance
https://www.w3.org/2000/01/rdf-schema#label Takaful Services
gptkbp:includes family_Takaful
general_Takaful
gptkbp:influenced Islamic_finance_principles
gptkbp:involves participants
gptkbp:is_a cooperative insurance
gptkbp:is_a_subject_of Sharia_compliance
gptkbp:is_available_in various forms
various financial institutions
Takaful operators
gptkbp:is_characterized_by transparency
gptkbp:is_designed_to protect against loss
avoid gharar (uncertainty)
gptkbp:is_featured_in Zakat
ethical insurance
gptkbp:is_governed_by financial authorities
Takaful Act
gptkbp:is_part_of Islamic_financial_services
gptkbp:is_popular_among Muslim-majority_countries
gptkbp:is_recognized_for Islamic_scholars
gptkbp:isUsedFor individual needs
gptkbp:offers risk-sharing
gptkbp:operates_in gptkb:Sharia_law
gptkbp:opposedBy traditional insurance
gptkbp:promotes social solidarity
gptkbp:provides Islamic_insurance
gptkbp:requires contribution payments
gptkbp:surroundingArea a pool of funds
gptkbp:was_a_response_to insurance_needs_in_Muslim_communities