Examples of using Tabarru in English and their translations into Malay
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The Tabarru' Fund.
No benefits will be payable from the Tabarru' Fund.
Tabarru' and Service Charges.
You will share the underwriting surplus arising from Tabarru' Fund(if any) with the Takaful Operator in the proportion of 50%: 50%.
Tabarru' is RM10 per month.
In the event of TPD or death, the sum covered from the Tabarru' Fund and the total values of the unit fund(s) from the Participant's Unit Account(PUA) will be payable.
The Tabarru' for these plans is not guaranteed and AIA PUBLIC reserves the right to revise the Tabarru' by giving you 3 months written notice.
The Takaful Operator reserves the right to revise the benefits structure and limitations orincrease the Tabarru' on certificate anniversary by giving at least 30 days notice.
Q: How much Tabarru' do I have to contribute?
Sharia insurance is a mutual effort to help(ta'awuni) and protect(takafuli)among the Participants from certain risks through the formation of Tabarru' Fund which is managed in accordance with sharia principle.
The Tabarru' will increase as You grow older.
If the sum of claims paid or payable to you does not exceed the Tabarru' amount paid in that financial year, you are eligible to receive the distributable Surplus.
The Tabarru' will increase as You grow older.
Asuransi Syariah is an attempt to help each other(Ta'awuni) and protect(Takaful)among the participants through the establishment of a collection of funds(Tabarru') which is managed according to Islamic principles to deal with certain risks.
The Tabarru' will increase as your age increase.
It is based on the theory and practice of interest; a conventional life insurance policy is based on interest,while an Islamic model is based on tabarru where a part of the contributions by participants are treated as donation.
The Tabarru' will increase as your age increase.
After deduction of Wakalah fee, the balance of Contribution paid willbe allocated into the Participant's Risk Fund(PRF) as Tabarru' for the purpose of providing protection and meeting claims on the events/risks covered under the Takaful Certificate.
Tabarru' for this plan is not guaranteed and AIA PUBLIC reserves the right to revise the Tabarru' by giving you 3 months' prior written notice.
After deduction of Wakalah fee, the balance of Contribution paid willbe allocated into the Participant's Risk Fund(PRF) as Tabarru' for the purpose of providing protection and meeting claims on the events/risks covered under the Takaful Certificate.
Tabarru'- means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help Takaful Participants in times of misfortune.
By contributing a sum of money to a commontakaful fund in the form of participative contribution(tabarru), you undertake a contract(aqad) to become one of the participants by agreeing to mutually help each other, should any of the participants suffer a defined loss.
Tabarru'- the balance of Contribution after deduction of Wakalah Fee, which will be allocated into the Participants' Risk Fund(PRF) as a donation for the purpose of mutual help and assistance to fellow Participants in need.
To allocate a portion of my Contribution in PRF as a Tabarru'(donation) to be used for the Takaful coverage and for mutual financial aid and assistance to other participants in time of misfortune as prescribed in the Takaful Certificate.
Any Tabarru' and Service Charge which have been deducted, minus any expenses incurred for the medical examination, upon which the certificate shall be deemed cancelled and Takaful Operator's liability shall cease.
Please note that the Tabarru' is not guaranteed and we reserve the right to revise the Tabarru' rate by giving you 30 days' prior written notice.
Note: Tabarru'(a.k.a. cost of insurance) means a donation for the purpose of which is not commercial and is used to help other proposed participants in times of misfortune for the purpose of solidarity, brotherhood and cooperation among the proposed participants.
The contributions/ Tabarru‘ for these plans are not guaranteed and AIA PUBLIC reserves the right to revise the contribution/ Tabarru‘ by giving you 3 months written notice.