Foreign Worker Takaful
Mohd Ma’Sum Billah
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Mohd Ma’Sum Billah: King Abdulaziz University
Chapter Chapter 28 in Islamic Insurance Products, 2019, pp 331-341 from Springer
Abstract:
Abstract This scheme operates under General Takaful. The basis of this is the Mudharabah principle, where the funds are shared 50:50. In other words, when the contract reaches maturity and the person who is covered does not receive any benefit or make any claim, he receives 50% from the total funds. The operator receives the other 50%.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-17681-5_28
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DOI: 10.1007/978-3-030-17681-5_28
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