IFMP Bancatakaful Certification (BTC), Pakistan Practice Questions - IFMP Bancatakaful Certification (BTC), Pakistan Exam

What is the role of the Shariah Supervisory Board (SSB) in a Takaful company?

To manage the daily operations and investment strategies of the company To provide independent oversight and ensure all products, operations, and policies comply with Shariah principles To market Takaful products to potential customers and expand the client base To handle claim assessments and disbursements to participants

Correct Answer:

To provide independent oversight and ensure all products, operations, and policies comply with Shariah principles

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