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.

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Tabarru means contribution donation or gift. In the context of this Certificate, this means Contribution for the purpose of Takaful. This portion is placed in the General Takaful Fund.

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

Examples of Tabarru in a sentence

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Distributable Surplus The Distributable Surplus arising inclusive of the Investment Profit from the Tabarru` Fund after claims payable and reserves.
You are, then, entitled to receive fifty percent (50%) of the Distributable Surplus (if any) arising from Your Tabarru` Deduction into the Tabarru` Fund.
Investment Profit The profit arising from managing the investment of the Tabarru` Fund, which will be distributed together with Distributable Surplus.
The balance fifty percent (50%) of the Distributable Surplus will be given to Us as a performance fee for managing the Tabarru` Fund.

More Definitions of Tabarru

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 contribution, donation or gift. In relation to the Takaful contract, this means Contribution for the purpose of Takaful. This portion is placed in the General Takaful Fund.

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. In the context of the Company, Tabarru’ will be allocated into the Risk Fund.

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

Tabarru. ” means a portion of Contribution allocated into the Tabarru’ Fund as donation that You willingly relinquish in order to help and provide assistance to fellow Participants in need.

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’ where it refers to the net amount of the Contribution after the deduction of Wakalah Fee. Tabarru’ will take into effect when the amount is allocated into the Participants’ Risk Fund for the purpose of mutual help and assistance to fellow participants in need. Tabarru’ is not guaranteed and You may need to top up the Contribution if the Tabarru’ is revised.