Pak-Qatar Family Takaful CEO Waqas Ahmad Joins IAP Executive Committee
The Takaful industry in Pakistan has reached a pivotal milestone with the appointment of Waqas Ahmad, CEO of Pak-Qatar Family Takaful (PQFTL), to the …
Takaful
The History and Evolution of Takaful in the Islamic World
In a rapidly globalizing world, Islamic finance has emerged as a growing sector, with Takaful standing out as a pivotal aspect of this system. But …
What You Need To Know About Making A Takaful Claim?
Takaful, also known as Islamic insurance, has become increasingly popular among Muslims and non-Muslims alike due to its ethical, Sharia-compliant …
AlHuda CIBE to Honor Takaful and Re-Takaful Excellence at Awards Ceremony
Dubai, UAE – The AlHuda Centre of Islamic Banking and Economics (CIBE) is excited to announce the highly anticipated Takaful and Re-Takaful Awards …
HNB General Takaful Awarded ‘Takaful Window/Unit of the Year 2023/24’
HNB General Takaful, the Islamic insurance division of HNB General Insurance, has garnered widespread attention in the financial sector after being …
Takaful Islami Holds 24th Annual General Meeting Virtually
Takaful Islami Insurance Ltd hosted its 24th Annual General Meeting (AGM) through an innovative virtual platform, starting at 11:00 am. This digital …
Amana Takaful Mobile App Wins Insurance Asia Award
Amana Takaful Insurance, a prominent player in Sri Lanka’s insurance landscape, has achieved a remarkable milestone by being awarded the …
Al Rajhi Takaful Reappoints Abdullah Al Rajhi as Chairman, Saud Al Rajhi as Vice Chairman
In a recent development that has captured the attention of the insurance industry, Al Rajhi Takaful, officially known as Al Rajhi Company for …
Fauziah Hisham Becomes Etiqa’s First Female Chairperson
In a groundbreaking development, Etiqa Group has appointed Fauziah Hisham as its new chairperson, effective July 1, 2024. This historic appointment …
Egypt Expands Takaful & Karama Cash Support to 73,000 More Families
Egypt is enhancing its commitment to social welfare through the expansion of the Takaful and Karama Cash Support Programme, a cornerstone of the …
Takaful Islami Insurance Holds 3rd Investment Committee Meeting
On July 9, 2024, Takaful Islami Insurance Limited hosted its pivotal 3rd Investment Committee Meeting at the company’s main office in Dhanmondi, …
NBO Muzn Islamic Banking Ensures Financial Security with Bancatakaful Products
MUSCAT – NBO Muzn Islamic Banking, a division of the National Bank of Oman, is redefining financial protection with its suite of Bancatakaful …
Dubai Takaful Emarat Announces Dh185 Million Capital Increase
Takaful Emarat Insurance Company, a key player in the UAE’s insurance market, recently announced a significant capital increase of AED 185 …
Pak-Qatar Family Takaful Announces Waqas Ahmad as New CEO
Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Shariah-compliant Family Takaful solutions, is excited to announce the appointment of …
Dubai-Listed Ascana Rebrands to Sukoon Takaful Following Stake Sale
In a significant development within the insurance sector, the Dubai-listed Arabian Scandinavian Insurance Company (Ascana) has rebranded itself as …
Abu Dhabi National Takaful Company Honored as ‘Takaful Company of the Year
Abu Dhabi National Takaful Company wins the prestigious “Takaful Company of the Year” award. A standout in the UAE’s takaful …
Bank Aljazira Boosts Stake in Aljazira Takaful with Strategic Acquisition
Bank Aljazira announced a significant move to strengthen its position in the insurance market by signing an agreement to purchase shares from …
Daraz Pakistan and Salaam Takaful Launch Islamic Insurance for Riders’ Belongings
Setting a new industry standard, Daraz Pakistan, the country’s premier e-commerce platform, and Salaam Takaful Limited, the foremost dedicated …
Shariah Compliance in Takaful: Why It Matters and How It’s Achieved
Takaful is a type of Islamic insurance that adheres to Shariah principles. Unlike conventional insurance, Takaful is based on mutual assistance, where …
UAE to Provide Insurance For Unemployed Workers
The United Arab Emirates (UAE) on Monday approved an unemployment insurance scheme to provide unemployed individuals with income support for a limited …
Takaful Ikhlas To Offer Products and Services To Tan Chong’s Customers
MNRB Holdings Bhd’s wholly-owned Takaful Ikhlas General Bhd has entered into a strategic partnership with Tan Chong Motor Holdings Bhd to …
Indonesian Takaful Sector To Become More Competitive
The Takaful sector in Indonesia is expected to become more competitive in Indonesia as more players from other ASEAN countries are also planning to …
Can Takaful Sector In GCC Become Profitable in 2021?
GCC’s Islamic insurers (Takaful) are expected to face profitability challenges due to high competition in the overcrowded Islamic insurance industry …
What Is Takaful and How Is It Different From Conventional Insurance?
In recent years, Takaful has gained prominence as an alternative to conventional insurance, particularly in regions with significant Muslim …