Shariah RFP Module 2 Practice Questions - MFPC Shariah RFP Module 2 - Risk And Takaful Planning (Malaysia) Exam

Which of the following is the primary objective of risk management from an Islamic perspective?

To eliminate all forms of risk in life To mitigate risk through mutual cooperation and reliance on Allah To transfer all risks to a third-party commercial entity To maximize profit from risk-taking activities

Correct Answer:

To mitigate risk through mutual cooperation and reliance on Allah

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