Asalam-u-alikum
In islamic banking, then why insurance is compulsory, I know since 7 or 8 years many islamic banks are giving Car, and Takful is just started , Before they use to have Insurance.,
If car insurance is HILAL, or you can say before insurance and now Takaful ,
If the same procedure i think LIfe Insurance is also HILAL???
I am not saying that i am against Islamic Financing, But i want that if there would some procedure that could be perfect..