Nor Azman Zainal

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Application Of The Wadi'ah Concept In Traditional Family Takaful Products

Most life (family) takaful products today are structured on the form of unit-linked or investment-linked models. This essentially means that there is a clear segregation between the investment fund and the takaful ortabarru' fund. Indeed, the concept of takaful, which is premised on the principle of tabarru',…

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