AAOIFI Recommends the Hybrid Model for Takaful Companies

question 68

True/False

AAOIFI recommends the hybrid model for takaful companies.

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Definitions:

Self-Renewal

The ability of individuals or organizations to adapt, evolve, and innovate continuously, fostering long-term sustainability and resilience.

Force-Coercion Strategies

Tactics used to compel or manipulate individuals or groups into compliance or agreement through the application of power, threats, or pressure.

Refreezing

The phase in which change is stabilised.