The system of Islamic insurance is based on the principle of mutual understanding and gift giveaway donation where the risk is shared collectively by the group voluntarily. This is a pact among a group of members who agree to jointly guarantee among themselves against loss or damage to any of them as defined in the… Continue reading Insurance matters in Muslims community
Category: Takaful
Civil rights in Islam
Ask a widow the need of a life insurance policy. In the name of Allah, Most Gracious, Most Merciful. “And those who are taken in death among you and leave wives behind – for their wives is a bequest: maintenance for one year without turning [them] out. But if they leave [of their own accord],… Continue reading Civil rights in Islam