Tag Archives: conventional insurance

What difference between “Takaful -vs- Conventional Insurance?”

  What Is Takaful?  And What Makes The Difference -vs- Conventional Insurance?   This make people always wondered what is the difference between Takaful and Life Insurance? Takaful is an insurance concept which is grounded in Islamic Muamalat, observing the rules and regulations of Shariah.  In principle, Takaful system is based on mutual co-operation, responsibility, […]