The Evolution of Takaful Insurance: A Historical Perspective
Takaful insurance, rooted in Islamic finance principles, has evolved significantly over the years. This article explores its historical development, highlighting key milestones and its journey to becoming a prominent ethical insurance alternative. Early Beginnings The concept of Takaful can be traced back to pre-Islamic Arabian tribes. These communities practiced a form of mutual assistance where members contributed to a common pool to support those affected … Continue reading The Evolution of Takaful Insurance: A Historical Perspective
