TA-1.1.3
Past version: Effective from 01 Jul 2007 to 30 Sep 2007
To view other versions open the versions tab on the right
Takaful has been undertaken using a number of different operational models or combinations thereof. The two most common bases of operating a takaful fund are as follows:
a) the al mudaraba model; and
b) the al wakala model.
Amended: January 2007