Islamic Solution

Islamic financial solutions can be known as takaful. Takaful is a sort of Islamic insurance in which all the members contribute money into a pool system to guarantee each other against loss or damage. Takaful is a form of insurance that is based on sharia or Islamic religious law, which explains how individuals are responsible to cooperate and protect one another. Takaful policies usually cover health, life, and general insurance needs to protect yourself and your family members.

Takaful Family

Takaful Family is a financial planning tool in Malaysia that provides financial support to a person’s family in the event of an unforeseen circumstance. It works on the principle of mutual cooperation, where policyholders contribute to a fund that provides protection against death, disability, or critical illness. The benefits received by the policyholders are shariah-compliant and are distributed on a basis of mutual assistance. Takaful Family is an important component of financial planning for Muslims in Malaysia.

Takaful General

Takaful General provides protection against various risks, such as fire, theft, and accidents. It works on the principle of mutual cooperation, where policyholders contribute to a fund that provides coverage against these risks. The benefits received by the policyholders are shariah-compliant and are distributed on a basis of mutual assistance. Takaful General is an important component of financial planning for individuals and businesses in Malaysia looking to protect their assets and investments with shariah-compliant products.

Takaful Investment

Takaful Investments is a financial planning tool that allows individuals to invest their money in a shariah-compliant manner. It involves pooling contributions from participants to invest in a range of shariah-compliant assets, such as stocks, bonds, and real estate. The returns on investment are shared among the participants based on a mutually agreed ratio. Takaful Investments is an important component for individuals looking to invest their money in a way that aligns with their religious and ethical values.

Islamic Estate/Legacy

Islamic estate/legacy planning refers to the decision on how one’s possessions is being distributed in conformity with Islamic law after death. It entails drafting a will that details the asset distribution and making sure that the distribution abides with the standards of Islamic inheritance law. Proper Islamic estate or legacy planning is crucial to guaranteeing that one’s possessions are dispersed in a fair and just manner, in accordance with their intentions.

Get Free Consultation To Get Mystery Free Gift

If you need further information, please engage us for free advice.