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A takaful company is operating on Mudharabah basis. In addition to the pre-agreed profit-sharing ratio between the takaful operator and the contributors, a management fee

A takaful company is operating on Mudharabah basis. In addition to the pre-agreed profit-sharing ratio between the takaful operator and the contributors, a management fee of 30% of the contribution paid by the contributors has been agreed upon by the parties.

Discuss this situation from the shariah perspective to assess if the arrangement is shariah complaint?

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