The Funds Contributed by the Participants Under the Mudarabah Model

question 75

True/False

The funds contributed by the participants under the mudarabah model of takaful are divided into Participants' Risk Fund PRF. and Participants' Investment Fund PIF..

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Definitions:

Airfares

The cost of a passenger flight ticket.

Winnipeg

A city in Canada, known as the capital of the province of Manitoba, with a diverse economy and cultural scene.

Percent Less

A term indicating a reduction or discount expressed as a percentage of the original price or value.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.