Providing all takaful insurance services to institutions and individuals through an institutional framework that is in line with concepts of modernity and is committed to the provisions of Islamic Sharia and with preserving the interests of the subscribers of the Takaful Fund based on cooperation and solidarity between people and investors in the company's capital, and working to spread the culture of solidarity insurance.
To offer all TAKAFUL insurance services to institutions and individuals through an institutional framework in-line with concepts of modernism while committed to the rules of Islamic Sharia'a, preserving the interests of subscribers to TAKAFUL Fund based upon collaboration and solidarity between the public and investors, working towards the spread of TAKAFUL insurance culture.
What makes us special:
TAKAFUL INSURANCE Co. is unique in offering all its services in total compliance with Islamic Sharia'a – exhibited in the following actions:
- Amended company founding charter in compliance with Islamic Sharia'a rules.
- Separated insurance policy holders account and shareholders account
- Assignment of a Fatwa & Sharia'a-Compliance board
- Ensure that insurance operations surplus is subscribers' right (policy-holders)
- Ensure capital investment returns, the proportion of investment returns of the insurance surplus and management fees, are shareholders' rights
- A highly competent, technical team in the field of insurance