The Following Features Are Unique to Takaful EXCEPT

question 51

Multiple Choice

The following features are unique to takaful EXCEPT:

• A) cooperative risk sharing
• B) profit and loss sharing
• C) clear financial segregation
• D) Sharī'ah-compliant policies and strategies

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Definitions:

Sex

A biological categorization based on reproductive organs and functions, typically categorized as male or female.

Prediction

The act of forecasting or estimating future events based on current information or trends.

Sexual Orientation

The enduring pattern of romantic or sexual attraction to persons of the opposite sex, the same sex, both sexes, or neither sex.

Conversion Therapy

A controversial practice aiming to change an individual's sexual orientation from homosexual or bisexual to heterosexual.