This New Takaful Model Was Introduced by the Renowned Sharī'ah

question 41

Multiple Choice

This new takaful model was introduced by the renowned Sharī'ah scholar Muhammad Taqi Usmani the Chairman of the AAOIFI:

• A) the Hybrid takaful model
• B) the Mudarabah Model
• C) the Wakalah Model
• D) the Ultra-hybrid Model of Takaful

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Definitions:

Meaningful Units

Fundamental components of language or information that carry significance and help in understanding the whole.

George Miller

A psychologist best known for his theory that the average number of objects an individual can hold in short-term memory is 7 ± 2.

Magic Number

A concept in cognitive science referring to the short-term memory capacity of about seven items (plus or minus two).

Auditory Traces

Memory traces of auditory information that are believed to persist in the brain for a brief period after the auditory stimulus has ended.