Prudential Takaful

Prudential Takaful is a sharia-compliant insurance model where members contribute funds into a shared pool to provide mutual financial protection. Unlike conventional insurance, it operates on the principles of cooperation and shared responsibility, ensuring that the risk is collectively borne by participants. Profits are either reinvested or distributed among members according to pre-agreed guidelines. This approach aligns with Islamic principles, emphasizing fairness, transparency, and ethical financial conduct, making it suitable for those seeking insurance options compliant with their religious beliefs while offering comprehensive coverage.