Re-Takaful

Re-Takaful is a form of mutual insurance for Takaful operators, where multiple Takaful companies pool their risks and share potential losses. It functions similarly to reinsurance in conventional insurance but adheres to Islamic principles, avoiding interest and uncertainty. By ceding a portion of their risks to a larger Re-Takaful provider, Takaful companies strengthen their financial stability, improve capacity to cover claims, and manage risks more effectively. This collaboration ensures compliance with Shariah law while promoting a resilient, ethical insurance ecosystem.