Why Conventional Insurance is Prohibited?
12/8/2011 10:58:17 AM
Syed Ehatisham Ali
Takaful is an Islamic alternative to insurance. It is based on the concept of mutual insurance. It furthers the concept of mutual co-operation and brotherhood which Islam envisages.
There are a number of reasons why conventional insurance is not allowable in Islam which this article will try to highlight.
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