Group F - Takaful Presentation

Takaful comes from the Arabic word 'Kafala', which means...

• Assurance

• Safety

• Guarantee

• Protection

Who is the regulatory authority for Takaful in Pakistan?

• SBP

• Dr. Irum Saba

• SECP

How many full-fledged Takaful companies are there?

• 7

• 6

• 4

• 5

There are two types of Takaful:

• Family & Life

• Family & General

• Personal & Family

• Life & Death

Which of the following is not a Takaful model?

• Musharakah Model

• Wakala Model

• Mudarabah Model

• Wakala-Waqf Model

After which year were conventional banks allowed to open Takaful windows?

• 2005

• 2018

• 2015

• 2012