IFMP Family Takaful Agents Certification (FTAC), Pakistan Practice Questions - IFMP Family Takaful Agents Certification (FTAC), Pakistan Exam

It is the profit earned by the Takaful operator, prohibited if excessive. It is the element of interest in financial transactions, prohibited as it leads to injustice. It is excessive uncertainty or ambiguity in a contract, prohibited to ensure fairness and transparency. It is the act of gambling or wagering, prohibited to prevent unjust enrichment.