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Published byValentine Earl Jones Modified over 6 years ago
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MicroTakaful – A tool of Financial Inclusion
Presented by: Muhammad Zubair Mughal
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Why MicroTakaful Prohibition of Interest - Financial Inclusion.
Care for the poor is a religious obligation in Islam. Half of the 57 IDB members Africa are classed as United Nation Least Developed Countries (LDCs) Share of Micro-Takaful in Takaful Industry is less than 2%. Utilization of Zakhat. Should be treated as System - Muslims & Non- Muslims
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Poverty Treatment in Islam
MicroTakaful Non- Poor Salam, Istisna and other products Transitory Non-Poor Qarz-e-Hasan, Murabahah, Ijarah, Mudarabah Transitory Vulnerable Transitory Poor Chronic Poor Zakat, Sadqa, Ushar Extremely Poor 3
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When there is a will, there is way!
What is required? When there is a will, there is way!
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End of presentation Jazzakallah khair !
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