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Answer Quiz

What are the different types of Takaful available?

What is Takaful?

It’s a Syariah-compliant alternative to traditional insurance, where members contribute money to a common pool. Takaful is a good option for those who want to avoid forbidden elements like riba (usury) and gharar (excessive uncertainty).

In this video, you’ll learn about the similarities and differences between conventional insurance and Takaful, as well as the different types of Takaful available.

If traditional insurance plans are not your cup of tea, Takaful is a great way to protect your assets.



Lesson Quiz

Both insurance and takaful have similar basic principles but takaful is unique in a way that: