Takaful Insurance

Takaful an Arabic word meaning “guaranteeing each  other”.  It is a system of Islamic insurance based on the principle of TA-AWUN (mutual assistance) and Tabarru (Voluntarily) where the risk is shared collectively by the group voluntarily.


As the pact is among a group of members or participants who agree to jointly guarantee among themselves against loss or damage to any of them as defined in the pact, covering either:-


  • Property like house, factory, mosque, offices
  • Vehicles (car, motorcycle etc.)
  • Goods ( like during import or export )
  • Valuables
  • Health, accidents and Life