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Rm is to be completed by the takaful Participant who has attained the age of 16 years where the Person(s) named below shall receive the takaful benefits including accumulated amount in the Participant Investment Fund as a Beneficiary and not as an Executor. 2. The Beneficiary(s) is entitled to receive the takaful benefits on the basis of Conditional Hibah (Gift). Conditional Hibah has the effect of transferring ownership of the takaful benefits payable to the Beneficiary(s) upon the death of t.

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