Tabarru’ definition

Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

Tabarru’ means donation for the purpose of solidarity and cooperation among the Participants and to be used to help Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Risk Fund.

Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help the Takaful Participant in times of misfortune. In the context of Takaful IKHLAS, Tabarru’ will be allocated into the Risk Fund.

Examples of Tabarru’ in a sentence

• Investment Booster and Maturity Booster Benefits will be payable from the Tabarru' Fund 2.

• Tabarru' Fund 2 refers to a pool of funds established for the purpose of solidarity and cooperation among the participants that is used to provide survival benefits such as the Investment Booster and Maturity Booster benefits.

• Rewards Youwith Underwriting Surplus,Surplus and Investment Profit RMWith i-Great Prestij, underwriting surplus (if any) from the Tabarru’ Fund 1 and surplus (if any) from the Tabarru' Fund 2 after a suitable amount isheld back for contingency purposes will be shared among the Participants RMand us in the ratio of 50:50.

• Total & Permanent Disability and Death BenefitIn the event of Total & Permanent Disability (TPD) prior to the Certificate anniversary before 70 years attained age, or death prior to Certificate maturity, the following will be payable: Compassionate BenefitUpon death of Person Covered, the Compassionate Benefit shall be payable from Tabarru' Fund 1.

• Tabarru' Fund 1 refers to a pool of funds established for the purpose of solidarity and cooperation among the Participants that is used to help all Participants in the event of misfortune.

More Definitions of Tabarru’

Tabarru’ means donation for charitable purposes. Under this plan, the participant donates a portion of the contribution to the Participants’ Special Account (“PSA”) to help other participants.

Tabarru’ means donation for charitable purposes. Under this Certificate, the Participants donate a portion of the contribution to the GTF based on Tabarru’ to help other participants. Tabarru` takes into effect when Participants contribute to the GTF.

Tabarru’ means donation for charitable purposes. Under this Certificate, You donate a portion of the Contribution to the PSA based on Tabarru’ to help other participants. Tabarru` takes into effect when You contribute to the PSA.

Tabarru’ means donation from the portion of the Contribution that will be allocated to the PRF, which will be used for mutual aid and assistance among the fellow participants;

Tabarru’ means the ‘donation’ determined as the net Contribution after deducting Wakalah Fee, this being based on the gender, attained age, smoking status and other rating factors of the Person Covered. Tabarru’ will be allocated into the Participants’ Risk Fund for the purpose of mutual help and assistance to fellow Participants in need.

Tabarru’ means donation for charitable purposes. Under this Certificate, You donate a portion of the Contribution to the GTF based on Tabarru’ to help other participants. Tabarru’ takes into effect when You contribute to the GTF.

Tabarru’ means a donation for the purpose of which is not commercial and is used to help other person covered in times of misfortune for the purpose of solidarity, brotherhood and cooperation among the person covered.