Figure 5.

1
Mudarabah Model Profit Attributed
To Shareholders
Family Takaful

Share of Share of
Company Company’s Admin
Profit on Profit for
S.H. capital Mudarib & Manag. Expenses

Takaful Contract Share

Holders Fund
based on Mudarabah
Investment Profit

C
O
N
T
PA PA Payment to
The Family from
R
Participant I FTF PA & PSA
B
U
T
I PSA PSA Cost of Re-takaful
And Other Direct Surplus
O
Business Expenses
N
 Figure 5.2 Mudarabah Model
General Takaful

Share of profit Share of Surplus Administration

Takaful & Management Profit for
Operator On S.H. Capital For the Operator Expanses
Shareholders

Share
Holders Fund
Takaful Contract
Based On Invest Profit
Mudaraba ment
40%

con G G Payment of
Claims 60%
tri T T Cost of re- Sur
Participant Share of Surplus for
but F F
Takaful
Business Exp
The Participants
ion plus
Figure 5.5
Waqf-Wakalah Model
Takaful Co.
General Takaful
Sources of income forTakaful Operator
Share holder
Fund

Share of Share of Company’s Admin Profit Attributed

Wakalah Fee
Profit on Profit for
25 to 35 % S.H. capital Mudarib & Manag. Expenses To Shareholders

Waqf Investment Profit

Payment of Claims Surplus

Participant Donation
Waqf
Waqf
Cost of Re-takaful 100% for the
Fund Business Expenses
Participants

65 to75% Fund After Reserves