Family Takaful

Family Takaful is a cooperative insurance model based on Islamic principles. It provides financial protection for families in case of unexpected events, like death or critical illness. Participants contribute to a common fund, which is used to support members in need while adhering to Shariah law. Unlike conventional insurance, profits are shared among participants, and there is no interest or excessive uncertainty involved. This system fosters mutual assistance, ensuring that members help one another while also promoting responsible financial practices.