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Indemnity Insurance For Banks
It is permissible for the bank to seek Takaful against the types of losses mentioned so long as the amount of repayment does not exceed the amount...
It is permissible for the bank to seek Takaful against the types of losses mentioned so long as the amount of repayment does not exceed the amount...
Accepting Benefits Greater Than Actual Loss
It is not lawful to accept benefits greater than the amount of actual losses incurred based on the annual payment of premium that insures a greater...
It is not lawful to accept benefits greater than the amount of actual losses incurred based on the annual payment of premium that insures a greater...
Returning Benefits In Excess Of Expenses
It is lawful for the bank to use the benefits paid out to it by the Takaful company to make a direct payment for expenses associated with the...
It is lawful for the bank to use the benefits paid out to it by the Takaful company to make a direct payment for expenses associated with the...
Market Or Replacement Value
The insured is entitled to receiving benefits equal to the actual amount of damage experienced based on the market value of the goods on the day of...
The insured is entitled to receiving benefits equal to the actual amount of damage experienced based on the market value of the goods on the day of...
Entitlement To Policy Benefits
It is lawful for the person to receive benefits for the value of the destroyed car since ownership was transferred to him without his putting up...
It is lawful for the person to receive benefits for the value of the destroyed car since ownership was transferred to him without his putting up...
Insuring Buildings
It is lawful to insure buildings against fire so long as the benefit payments are commensurate to the amount of actual damage.
It is lawful to insure buildings against fire so long as the benefit payments are commensurate to the amount of actual damage.
The client is not in a position to determine the type of coverage that will be sought for Murabaha goods purchased through the bank.
Working For Insurance Company
It is unlawful to work for an employer whose primary business is insurance (even if one does not participate directly in the transactions), unless...
It is unlawful to work for an employer whose primary business is insurance (even if one does not participate directly in the transactions), unless...
Returning Excess Collected For Premiums
It is not lawful for the bank to keep any amount in excess of the premiums to be paid; it must be returned to the subcontractors.
It is not lawful for the bank to keep any amount in excess of the premiums to be paid; it must be returned to the subcontractors.
The Client’s Insurance Of Murabaha Goods
It is not lawful for the client to insure the goods at his own expense since the goods are the property of the bank. It is only permissible that he...
It is not lawful for the client to insure the goods at his own expense since the goods are the property of the bank. It is only permissible that he...
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