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In the wakalah model, the commission and management expenses will be parked into the __________________. a.wakalah profit account b.wakalah fee account c.wakalah takaful account d.wakalah

In the wakalah model, the commission and management expenses will be parked into the __________________.

a.wakalah profit account

b.wakalah fee account

c.wakalah takaful account

d.wakalah investment acount

Hazard refers to .........................

a.uncertainty, probability or possibility of loss

b.condition that increases the chance of loss

c.a cause of loss

d.uncertainty of an outcome of a future event

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