Takaful
English: Islamic insurance
Definition: Based on the principle of mutual assistance, Takaful provides mutual protection of assets and property and offers joint risk-sharing in the event of a loss by one of the participants. Takaful is similar to mutual insurance in that members are the insurers as well as the insured.
Conventional insurance is prohibited in Islam because its dealings contain several haram elements, such as gharar and riba.
« Back to Glossary IndexNews related to Takaful (9,461)
Al Madina Takaful
Wednesday, 27 Mar 2024 | Volume21.Issue14
MovesTakaful Emarat increases foreign ownership
Tuesday, 26 Mar 2024 | Volume21.Issue13
TakafulShariah law as regulatory requirement for Takaful undertakings (Part 1)
Tuesday, 26 Mar 2024 | Volume21.Issue13
Correspondent ReportsRisk management implementation in Indonesia’s Takaful industry
Tuesday, 19 Mar 2024 | Volume21.Issue12
FeaturesIIRA maintains Al Rajhi Takaful’s ratings
Friday, 08 Mar 2024 | Volume21.Issue11
Ratings UpdatesMalaysia’s Takaful sector to grow steadily
Tuesday, 05 Mar 2024 | Volume21.Issue10
TakafulOman Re secures re-Takaful license
Tuesday, 05 Mar 2024 | Volume21.Issue10
TakafulBNM revises Takaful guidance
Friday, 01 Mar 2024 | Volume21.Issue10
TakafulOJK Roadmap 2023-7 — potential game-changer for Takaful industry in Indonesia
Thursday, 29 Feb 2024 | Volume21.Issue10
Correspondent ReportsIncreasing insurance penetration rate through Takaful
Monday, 19 Feb 2024 | Volume21.Issue08
Correspondent ReportsTakaful Emarat’s capital increases
Thursday, 08 Feb 2024 | Volume21.Issue07
TakafulTanzania: Welcoming Takaful
Tuesday, 06 Feb 2024 | Volume21.Issue06
AnalysesCrown Takaful secures license
Friday, 02 Feb 2024 | Volume21.Issue06
TakafulDigital transformation strategies for Takaful operations in Africa (Part 2)
Monday, 29 Jan 2024 | Volume21.Issue05
Correspondent ReportsTakaful Emarat – Insurance
Monday, 22 Jan 2024 | Volume21.Issue04
Moves2024 — a busy year ahead for the Takaful industry in the region
Monday, 22 Jan 2024 | Volume21.Issue04
Correspondent ReportsPotential for maritime Takaful in Indonesia
Tuesday, 16 Jan 2024 | Volume21.Issue03
FeaturesAljazira Takaful Taawuni secures requalification
Monday, 15 Jan 2024 | Volume21.Issue03
TakafulAl-Rajhi Takaful signs contract with Petro Rabigh
Wednesday, 10 Jan 2024 | Volume21.Issue03
TakafulBNM issues ruling on Takaful risk
Monday, 08 Jan 2024 | Volume21.Issue02
TakafulTakaful International Company
Friday, 22 Dec 2023 | Volume21.Issue01
MovesDigitalization and Takaful technology in Africa
Tuesday, 19 Dec 2023 | IFN Annual Guide 2024
FeaturesWays to unlock the full potential of Takaful
Tuesday, 19 Dec 2023 | IFN Annual Guide 2024
FeaturesGCC Takaful sector’s endurance journey into a much brighter future
Tuesday, 19 Dec 2023 | IFN Annual Guide 2024
FeaturesPrudential BSN Takaful plans Sukuk
Tuesday, 19 Dec 2023 | Volume21.Issue01
DealsPakistan’s health and Family Takaful with an evolving digital transformation experience
Tuesday, 12 Dec 2023 | Volume20.Issue50
FeaturesRevised Solvency Requirements for Takaful / re-Takaful Undertakings
Tuesday, 12 Dec 2023 | General
Shariah StandardsASCANA rebrands to Sukoon Takaful
Wednesday, 06 Dec 2023 | Volume20.Issue50
TakafulTakaful Malaysia launches KAOTIM
Monday, 04 Dec 2023 | Volume20.Issue49
TakafulAl Rajhi Takaful transfers shares
Wednesday, 29 Nov 2023 | Volume20.Issue49
TakafulDigital transformation strategies for Takaful operations in Africa (Part 1)
Wednesday, 29 Nov 2023 | Volume20.Issue49
Correspondent ReportsSyarikat Takaful Malaysia Keluarga
Tuesday, 28 Nov 2023 | Volume20.Issue48
ResultsContinued profitability pressures for General Takaful industry in Malaysia — need for diversification
Monday, 20 Nov 2023 | Volume20.Issue47
Correspondent ReportsAljazira Takaful’s coverage for Bank AlJazira
Wednesday, 15 Nov 2023 | Volume20.Issue47
TakafulAl Salam Bank launches Takaful product
Wednesday, 15 Nov 2023 | Volume20.Issue47
TakafulGlobal and regional Takaful perspectives
Tuesday, 14 Nov 2023 | Volume20.Issue46
FeaturesTakaful International
Tuesday, 14 Nov 2023 | Volume20.Issue46
ResultsTakaful and re-Takaful: Steady growth despite headwinds
Tuesday, 07 Nov 2023 | Volume20.Issue45
AnalysesSaudi Arabia witnesses another Takaful merger amid cost pressures
Friday, 03 Nov 2023 | Volume20.Issue45
ReportsAscana Takaful
Friday, 03 Nov 2023 | Volume20.Issue45
Ratings UpdatesTakaful Emarat Insurance
Thursday, 02 Nov 2023 | Volume20.Issue45
ResultsFRA to introduce private Takaful funds
Monday, 30 Oct 2023 | Volume20.Issue44
TakafulCommon challenges faced by re-Takaful operators
Tuesday, 24 Oct 2023 | Volume20.Issue43
FeaturesMethaq Takaful appoints Grant Thornton
Monday, 16 Oct 2023 | Volume20.Issue42
TakafulFaysal Bank signs agreement to offer Takaful
Thursday, 12 Oct 2023 | Volume20.Issue42
TakafulZIC Takaful finally launches its operations
Monday, 02 Oct 2023 | Volume20.Issue40
Correspondent ReportsPalestine’s insurance sector welcomes new Takaful operator
Tuesday, 26 Sep 2023 | Volume20.Issue39
ReportsRising demand supports profitable takaful growth
Tuesday, 26 Sep 2023 | General
Moody's ReportsInnovative approach to parametric Takaful: Closing the protection gap
Tuesday, 19 Sep 2023 | Volume20.Issue38
FeaturesHoly Land Takaful receives approval
Monday, 18 Sep 2023 | Volume20.Issue38
Takaful