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QUESTION 8 Sadia has signed a takaful contract with Al-Ain takaful company. Al-Ain Takaful company invests 70% of the funds in profit-generating investments and the

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QUESTION 8 Sadia has signed a takaful contract with Al-Ain takaful company. Al-Ain Takaful company invests 70% of the funds in profit-generating investments and the remaining funds are kept in participant risk fund. Suppose during the current year Al-Ain Takaful company has more claims than the reserves they have. In addition, Al-Ain Takaful incurred losses on their investments. Consequently, Al-Ain Takaful company is in deficit this year. As an Islamic finance graduate, please advise Al-A n Takaful company on a strategy of how to meet this deficit in a sharia-compliant manner Please elaborate on all the alternatives. TTTF Paragraph Arial 3 (12pt) - T- %DOQ T' T. - MED T. Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all ansters. MacBook Air QUESTION 8 Sadia has signed a takaful contract with Al-Ain takaful company. Al-Ain Takaful company invests 70% of the funds in profit-generating investments and the remaining funds are kept in participant risk fund. Suppose during the current year Al-Ain Takaful company has more claims than the reserves they have. In addition, Al-Ain Takaful incurred losses on their investments. Consequently, Al-Ain Takaful company is in deficit this year. As an Islamic finance graduate, please advise Al-A n Takaful company on a strategy of how to meet this deficit in a sharia-compliant manner Please elaborate on all the alternatives. TTTF Paragraph Arial 3 (12pt) - T- %DOQ T' T. - MED T. Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all ansters. MacBook Air

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