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 (9,486)
Daily Cover Story: PODCAST: Takaful Oman plans to roll out new products in one or two years, CEO says
Tuesday, 23 Apr 2024 | Volume21.Issue17
Daily Cover StoriesAMF predicts growth for Takaful sector
Tuesday, 23 Apr 2024 | Volume21.Issue17
TakafulTakaful Keluarga
Monday, 22 Apr 2024 | Volume21.Issue17
MovesPakistan welcomes first digital Family Takaful operator registered with regulator
Thursday, 18 Apr 2024 | Volume21.Issue17
ReportsTakaful Oman
Tuesday, 16 Apr 2024 | Volume21.Issue16
ResultsAl Madina Takaful
Tuesday, 16 Apr 2024 | Volume21.Issue16
ResultsWema Takaful to offer products in Dodoma
Monday, 15 Apr 2024 | Volume21.Issue16
TakafulAlgeria’s Takaful sector expected to grow
Friday, 12 Apr 2024 | Volume21.Issue16
TakafulTakaful in Malaysia: Continued growth momentum and Hijrah 27
Tuesday, 09 Apr 2024 | Volume21.Issue16
Correspondent ReportsTakaful Emarat’s board to raise recommendation
Monday, 08 Apr 2024 | Volume21.Issue15
TakafulMalaysian Takaful Industry to maintain momentum
Thursday, 04 Apr 2024 | Volume21.Issue15
TakafulAl Rajhi Takaful reserves lawsuit payment
Tuesday, 02 Apr 2024 | Volume21.Issue14
TakafulAl 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
Analyses