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In addition to conventional insurance coverage corporations, there are numerous Islamic insurance corporations in Pakistan generally known as Takaful operators. Takaful is an Islamic insurance coverage idea primarily based on mutual co-operation, duty, assurance, protection and help between groups of individuals. These corporations imagine in selling the reason for Takaful as well as promoting the insurance coverage enterprise in a Shariah Compliant i.e. halal and completely Riba-Free insurance.
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