00:03 Takaful means Mutual Protection and Joint Guarantee 01:21 Takaful includes basic elements and drivers 02:35 Takaful is based on principles of mutual cooperation and risk-sharing. 03:42 Takaful operators earn fees for services, participate in the share, and may charge management fees. 04:45 Takaful covers property, motor, and family in different classes 05:58 Takaful provides financial security and benefits for retirement and dependents 07:06 Takaful operates on principles of risk-sharing and savings for the future. 08:21 Takaful involves contracts of trust, arrangement, murabahah, and surplus.
Asalaamu Alaikum I have a question I am a new Muslim. I’m trying to make sure my affairs are in order ahead of time in case I pass away. Burial services are only increasing in price in the United States. If we can’t participate in life insurance how do you ensure that we have the funding available to be buried if we fall on financial hardship? The last I checked burial in my area was $6000 which isn’t expensive. However it changes constantly.
00:03 Takaful means Mutual Protection and Joint Guarantee
01:21 Takaful includes basic elements and drivers
02:35 Takaful is based on principles of mutual cooperation and risk-sharing.
03:42 Takaful operators earn fees for services, participate in the share, and may charge management fees.
04:45 Takaful covers property, motor, and family in different classes
05:58 Takaful provides financial security and benefits for retirement and dependents
07:06 Takaful operates on principles of risk-sharing and savings for the future.
08:21 Takaful involves contracts of trust, arrangement, murabahah, and surplus.
🌻🛐✝️
Salam aleykum ya Rahmatullah
Please send link with musharaka video clip )
Life takaful is impermissible in Islam. Please recheck your video tutorial.
Asalaamu Alaikum I have a question I am a new Muslim. I’m trying to make sure my affairs are in order ahead of time in case I pass away. Burial services are only increasing in price in the United States. If we can’t participate in life insurance how do you ensure that we have the funding available to be buried if we fall on financial hardship? The last I checked burial in my area was $6000 which isn’t expensive. However it changes constantly.
Start saving for burials
بارك الله فيكم