11 Questions
What is the main purpose of Motor Takaful?
To compensate those who suffer losses
Which type of Motor Takaful covers accidental damage, theft, and third-party legal liability?
Comprehensive Motor Takaful
How do participants contribute in Motor Takaful?
By contributing to a common pool of funds
Which of the following is NOT a type of Motor Takaful mentioned in the text?
Limited Motor Takaful
What distinguishes Motor Takaful from traditional Motor insurance?
Shariah compliance and common fund for compensation
What does Comprehensive Motor Takaful cover against?
Theft, accidental damage, and third-party liability
What are the additional features of Comprehensive Motor Takaful related to Third-Party liability?
Property Damage, Bodily Injury, and Death
Why is the purchase of third-party insurance mandatory for all vehicle owners in Pakistan?
To cover liabilities incurred to third parties in accidents
Which of the following types of vehicles is NOT covered in Comprehensive Motor Takaful?
Sports Car
What types of losses are covered under Comprehensive Motor Takaful?
Fire, burglary, riots, and terrorism
Which liabilities are covered under Third Party Takaful for vehicle owners?
Property Damage, Bodily Injury, and Death
Learn about Motor Takaful, including its types such as Comprehensive Motor Takaful and Third-Party Liability, as well as the vehicles covered. Understand how Motor Takaful functions as an Islamic alternative to traditional Motor insurance, based on Shariah principles.
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