Plane crashes is in the level of low frequency and high severity risk.

Hazards are normally classified into two categories; physical and moral hazards.

Gambling is one of the elements that do not conform to Islamic law known as al- Gharar.

In general takaful, participants pay their contribution into the takaful store as a Tabarru’. This will wipe out the components of al Maisir and gambling.

1. Below are the insurance elements that do not conform to Islamic law except…

“It relates to the physical or tangible aspect of risks, which are likely to influence the occurrence and / or severity of a loss.” This statement refers to

‘Explosion’ can be best referred to…

Most of the ___________risks are uninsurable since they are undertaken willingly in the hope of profit or gain.

“The outcomes cannot be measured in monetary terms.”

This statement is referring to…

__________ means a connection of words of one party (ijab) to the words of the other party (qabul), which constitutes legal implications on the subject matter.