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

In the Takaful model, who is considered the owner of the Takaful Fund (Participant's Risk Fund)?

The Takaful operator (company) The Shariah Supervisory Board The collective group of Takaful participants The government regulatory body

Correct Answer:

The collective group of Takaful participants

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