Takaful, meaning “solidarity” is a co-operative insurance system. It is based on the concept of shared contributions and mutual cooperation. We do not charge interest! Instead, we provide regimented subscription and pooled compensation to protect our members in case of loss or need. Our Takaful insurance companies adhere to both UAE law and an appointed Shariah Supervisory Board.

Conventional Insurance involves making investments that can incur risk and generate profits, which are, in turn, retained by the company. Takaful however ensures that no one member can gain an advantage at the expense of another creating a cooperation among policyholders for the common good of all members.