An innovative use of parametric insurance in takaful
    
        
            
                
            Source: Asia Insurance Review | Oct 2019
         
     
    
    
    
    
    
    
    
    Al-takaful is an important risk management principle in Islamic society. It is also this principle of solidarity and shared responsibility that the International Islamic Fiqh Academy adopted in 1985.
 
 
    
    
    
    
    
	
        
		
        
            
                
				
					
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