Potential of Takaful in Pakistan: A Transformational Para...
Akhter, Waheed
This research identifies Takaful as an important financial instrument and its crucial role in the development of the country that is evident from its recent developments in Malaysia, Middle East and even non-Muslim countries like Sri Lanka. The need is to create awareness of Takaful concept among general public and to eliminate misconceptions related to prevalent concept of conventional insurance. Takaful has emerged as an alternative solution...