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Islamic insurance
66
2020-08-08 06:49:42
Company address
Location:
Katar, Doha
Service types
About company
Islamic insurance is founded on the cooperative principle. Policyholders premiums, which are considered to be donations, form the general fund from which any claims are met. At the end of the year, any remaining cash surplus (after deduction of expenses) is not kept by the company or its shareholders, but returned to the policyholders in the form of cash dividends or distributions.
