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

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Which of the following Shariah prohibitions is Takaful specifically designed to avoid, distinguishing it from conventional insurance?

Zakat, Sadaqah, and Waqf Riba (interest), Gharar (excessive uncertainty), and Maysir (gambling) Murabaha, Ijarah, and Musharakah Halal, Haram, and Makrooh

Correct Answer:

Riba (interest), Gharar (excessive uncertainty), and Maysir (gambling)

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