Management of the Re-takaful Fund

Mohd Ma’Sum Billah
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Mohd Ma’Sum Billah: King Abdulaziz University

Chapter Chapter 37 in Islamic Insurance Products, 2019, pp 423-434 from Springer

Abstract: Abstract A Takaful company, with its limited financial resources, may want to hedge against possible inability to meet all Takaful indemnities if a number of damages occur simultaneously. Thus, a Takaful company may seek protection from the risks mentioned by putting some portion of money (called a premium) in a Re-takaful company, while in return the Re-takaful company provides security for the risk insured.

Date: 2019
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DOI: 10.1007/978-3-030-17681-5_37

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