Month: August 2020

  • Understanding How Takaful Works

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    Understanding How Takaful Works In this blog, we have discussed Takaful operations and the kinds of funds required for it. Give it a read. Process of Takaful All policyholders consent to promise one another and, rather than paying premiums, they make contributions to a common pool or a mutual fund to alleviate the financial liabilities…

  • Scope of Islamic Banking and Finance

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    Scope of Islamic Banking and Finance Today, Islamic Banking and Financing is one of the world’s fastest-growing economic sectors which has become the talk of the financial world over the last two decades. Since this diverse sector has many opportunities and very little competition right now in the industry as it’s true potential hasn’t been…

  • Benefits of Islamic Banking and Finance

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    Benefits of Islamic Banking and Finance In this blog, we have talked about the importance and benefits of working in Islamic banking and finance. Give it a read: Importance of Islamic Banking and Finance Today, Islamic banking and finance are one of the thriving financial sectors of the world. Islamic banking and finance are globally…

  • Why Takaful is Better Than Conventional Insurance

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    Why Takaful is Better Than Conventional Insurance The thought and practice of Takaful aren’t new as it was worked on during the life of the Prophet Muhammad (PBUH). Because of the perplexing idea of business activities and advancing human needs, Takaful is currently completely popularized and is a significant piece of financial business sectors. Since…