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4. The remaining amount will be invested by the mudarib in Shari'ah-compliant
investments;
5. The profit of the investment will be divided between the Takaful fund and TO, or
mudarib, based on the pre-agreed ratios; and
6. Claims, reserve and Re-Takaful will be deducted from the Takaful fund, and the surplus
goes to the participants or shared with TO.
It is pertinent to note that the business models adopted for Family Takaful differ from the
General Takaful solely in terms of clear-cut division of the Takaful fund into the Participants’
Investment Fund (PIF) and Participants’ Risk Fund (PRF). Nevertheless, the two funds are in line
with the intention of participants who join this business line, which is both protection and
investment.