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The following statements describe the role(s) of the takaful operator in the wakalah model: i) Control of expenses ii) Paying of claims iii) Cost distribution
The following statements describe the role(s) of the takaful operator in the wakalah model:
i) Control of expenses
ii) Paying of claims
iii) Cost distribution
iv) Sharing of profits
v) Investing in the takaful
Is it:
a. | i, iii and iv | |
b. | iii and iv only | |
c. | i and ii only | |
d. | i, ii and iii |
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