Definition of takaful in English:

takaful

noun ˈtɑːkəfuːl

mass nounIslam

A type of insurance system devised to comply with the sharia laws, in which money is pooled and invested.
Example sentencesExamples
- A better understanding of the principles behind takaful, the laying down of clearer rules for the formulation of policies and a defined role for agents and brokers are essential if market penetration is to increase.
- Although family takaful is the Islamic equivalent of life insurance, fundamental differences separate the two systems.
- The insurance business, in general, and takaful, in particular, is a developing business opportunity with tremendous potential throughout the [Middle East-North Africa] region, he added.

Arabic, literally 'mutual obligation'.

单词	takaful
释义	Definition of takaful in English: takaful noun ˈtɑːkəfuːl mass nounIslam A type of insurance system devised to comply with the sharia laws, in which money is pooled and invested. Example sentencesExamples A better understanding of the principles behind takaful, the laying down of clearer rules for the formulation of policies and a defined role for agents and brokers are essential if market penetration is to increase. Although family takaful is the Islamic equivalent of life insurance, fundamental differences separate the two systems. The insurance business, in general, and takaful, in particular, is a developing business opportunity with tremendous potential throughout the [Middle East-North Africa] region, he added. Origin Arabic, literally 'mutual obligation'.
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