Takaful in Islam  




What Is Takaful?


Al Takaful : Is an insurance system which is compatible with the provisions of Sharia Islamiah, based on the principle of cooperation between a group of community members sharing the same hazards and sharing their material consequences together among themselves, according to the rules set out by the company system, and the conditions of the insurance policies, not contradictory to the provisions of Shariah Islamiah.