22. MUSHARAKAH PARTNER A PARTNER B VENTURE Rs.1000 Rs.1000 PROFIT Rs. 100 LOSS Rs.100 Rs. 60 Rs. 40 Rs. 50 Rs. 50 May be in any agreed ratio Must be according to capital ratio
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24. MUDARABAH RABBUL MAL MUDARIB VENTURE SERVICES CAPITAL PROFIT LOSS 40 % 60 % ALL MONETORY LOSS LOSS OF SERVICES
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38. Investment Income Operational Cost of Takaful / ReTakaful Claims & Reserves Surplus (Balance) P A R T I C I P A N T S’ T A K A F U L F U N D (P.T.F.) Mudarib’s Share of PTF’s Investment Income Wakalah Fee Investment Income Management Expense of the Company Profit/Loss S H A R E H O L D E R S’ F U N D (S.H.F.) Participant WAQF Takaful Operator Share Holder Wakala-Waqf Model Investment by the Company