Tabarru’ definition

Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

Tabarru’ means donation for the purpose of solidarity and cooperation among the Participants and to be used to help Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Risk Fund.

Tabarru’. ” means donation for charitable purposes. Under this Certificate, You donate a portion of the Contribution to the GTF based on Tabarru’ to help other participants. Tabarru’ takes into effect when You contribute to the GTF.

Examples of Tabarru’ in a sentence

• The Company will charge up to 60% of the Takaful Contribution as an upfront Wakalah fee and the balance shall be allocated into the Risk Fund at inception for Tabarru’ charges and be used to help all Takaful Participants in time of misfortune.

• The Takaful Operator will manage and invest the Tabarru’ fund (GFRIA) in accordance with Shariah principles approved by Takaful Operator’s Shariah Committee.

• The research was conducted on Takaful Indonesia Malang branch to find out the implementation of the agreement tabarru’ by using the Sharia National Council of Fatwa No.53/DSN-MUI/III/2006 about Tabarru’ In Islamic Insurance and Islamic Reinsurance as a tool to analyze.

• Tabarru’ agreement are every forms of agreement that carried out with the aim of kindness and mutual help with expect Allah SWT.

• Keywords: Tabarru’ Agreement, Islamic Insurance Islamic Insurance is a mutual effort to protect and mutual help among a number of the person / party through investment in assets and / or tabarru’ which gives pattern of return to a particular risk through the contract (engagement) in accordance with Islamic principles.

More Definitions of Tabarru’

Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help the Takaful Participant in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Risk Fund.

Tabarru’ means donation for charitable purposes. Under this Certificate, You donate a portion of the Contribution to the PSA based on Tabarru’ to help other participants. Tabarru` takes into effect when You contribute to the PSA.

Tabarru’ means donation for charitable purposes. Under this plan, the participant donates a portion of the contribution to the Participants’ Special Account (“PSA”) to help other participants.

Tabarru’ means donation for charitable purposes. Under this Certificate, the Participants donate a portion of the contribution to the GTF based on Tabarru’ to help other participants. Tabarru` takes into effect when Participants contribute to the GTF.

Tabarru’ means contribution donation or gift. In the context of this Certificate, this means Contribution for the purpose of Takaful. This portion is placed in the General Takaful Fund.

Tabarru’. ” means a portion of Contribution allocated into the Tabarru’ Fund as donation that You willingly relinquish in order to help and provide assistance to fellow Participants in need.

Tabarru’ means donation from the portion of the Contribution that will be allocated to the PRF, which will be used for mutual aid and assistance among the fellow participants;