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Islamic Insurance? Is it real? How to do it?
Sharia insurance, or Takaful, is a financial protection solution based on Islamic law (Sharia). It is specifically designed for Muslims who want to ensure their financial dealings comply with Islamic teachings. Sharia insurance emphasizes the principles of mutual assistance (ta’awun) and risk-sharing, providing financial protection without violating Islamic principles. This article will explain how Sharia insurance works, its product types,…
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