Similarities between mutual insurance and takaful

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Takaful is often referred to as an Islamic variant of mutual or co-operative insurance. Explain the differences between conventional insurance and mutual or co-operative insurance. Further explain the key differences and similarities between mutual insurance and Takaful.

Reference no: EM131073004

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Similarities between mutual insurance and takaful : Explain the differences between conventional insurance and mutual or co-operative insurance. Further explain the key differences and similarities between mutual insurance and Takaful
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