Question: 6 . QUESTIONS Sadia has signed a takaful contract with Al-Ain takaful company. Al-Ain Takaful company invests 70% of the funds in profit-generating investments and

6 . QUESTIONS Sadia has signed a takaful contract with Al-Ain takaful company. Al-Ain Takaful company invests 70% of the funds in profit-generating investments and the remaining funds are kept in participant risk fund. Suppose during the current year Al-Ain Takaful company has more claims than the reserves they have. In addition, Al-Ain Takaful incurred losses on their investments. Consequently, Al-Ain Takaful company is in deficit this year. As an Islamic finance graduate, please advise Al-Ain Takaful company on a strategy of how to meet this deficit in a sharia-compliant manner? Please elaborate on all the alternatives. Paragraph. Arial 3 (12pt) X DOO T' T

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