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Islamic Finance Briefing - Categorized | Insurance (Takaful) more

GIG sees potential for takaful industry in Egypt

Posted on 04 March 2013

What is the difference between Takaful insurance and conventional insurance products? Is Takaful insurance simply truly Sharia-compliant or not? There are some few technical differences between the two, and it does not represent any difference for clients, for whom the most important thing is the spirit of Takaful and Islamic spirit.
The spirit of takaful is bigger than this; we will be accountable and hold responsibility for the great religion of Islam itself. It’s really scary when you think about it. That, in fact, we are representing Islam fundamentals when we introduce these products, or when we talk about takaful. ……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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