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The concept of Tabarru (donation)

Tabarru (donation) in Islamic finance refers to a voluntary, altruistic contribution made to support or assist others without expecting any direct benefit in return. It is a fundamental principle of mutual cooperation and solidarity, often forming the basis of Takaful (Islamic insurance) systems. Participants contribute a portion of their funds into a collective pool, which can be used to help members facing loss or hardship. The concept emphasizes generosity and social responsibility, promoting a sense of community where members support each other through these benevolent contributions.