TAKAFUL INSURANCE

The IIEF Takaful Unit bears many similarities to co-operative or mutual insurance. But we advise on a different model of operation and the rules governing investments and profit sharing differs vividly.

Takaful, unlike conventional insurance, is based and operated on the tenets of Shariah.

Since Takaful is a dynamic insurance introducing a new and exciting ethical perspective to the insurance market. The rationale behind our Takaful Unit lies on:

• the need to provide risk management,
• financial security services that are founded on ethical principles and values,
• mutual benefit for all participants, and
• improving social justice and peaceful co-existence.