Family Takaful is a form of insurance based on Islamic principles. It provides financial protection to individuals and their families through mutual cooperation and shared responsibility.
Participants contribute to a pooled fund, which is managed according to Islamic ethics.
This fund provides benefits in case of specified events like death, disability, or illness.
How It Works:
When you sign up for an individual Family Takaful plan, you become part of a community of participants.
Your contributions (premiums) go into a common pool.
If an unfortunate event occurs (such as the insured person’s death or disability), the pooled fund provides financial support to the affected family members.
Key Features:
Protection: Family Takaful ensures that your loved ones are financially protected in times of need.
Flexible Plans: You can choose from various plans tailored to your family’s specific requirements.
Peace of Mind: Knowing that your family’s financial future is secure brings peace of mind