L
LequteMan
Guest
The federal government of Nigeria has inaugurated an advisory council for Takaful insurance, a type of Islamic insurance system in the country, Minister of State for Finance, Ambassador Bashir Yuguda, announced yesterday.
PUNCH has more:
The Federal Government on Tuesday inaugurated an advisory council for the implementation of the Takaful insurance product in Nigeria.
Takaful is a type of Islamic insurance system, where members contribute money into a pool in order to guarantee each other against loss or damage.
Takaful is different from the conventional insurance as it has an investment window that allows profit to be shared between the operators and participants.
click here to read more
#Nigeria #Yuguda #Takaful
PUNCH has more:
The Federal Government on Tuesday inaugurated an advisory council for the implementation of the Takaful insurance product in Nigeria.
Takaful is a type of Islamic insurance system, where members contribute money into a pool in order to guarantee each other against loss or damage.
Takaful is different from the conventional insurance as it has an investment window that allows profit to be shared between the operators and participants.
click here to read more
#Nigeria #Yuguda #Takaful
