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Takaful is an Islamic version of insurance and is always for 2. 3. 4. Specific type of risk All types of risks Both 1

    

Takaful is an Islamic version of insurance and is always for 2. 3. 4. Specific type of risk All types of risks Both 1 & 2 None of above At the end of Takaful contract, the participant may never get all their contributions back only in 1. 2. 13. Mudarabah model of Takaful Wakalah model of Takaful Wakalah-Waqf model of Takaful 4. Both 2 & 3 As per scholars' view, the money exchanged for money is in 2. 3. 4. An insurance contract. In a Takaful contract. Both 1 & 2 None of above At the end of Takaful contract, the participant may get all their contributions back only in 1. 2. 3. Mudarabah model of Takaful Wakalah model of Takaful Wakalah-Waqf model of Takaful 4. None of above

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