Takaful Insurance Agreement Sample Contracts

TRAVEL TAKAFUL ASSURANCE INBOUND:
Takaful Insurance Agreement • August 4th, 2020

-Whereas the company practices Takaful Insurance Activities (Islamic Insurance) according to the rules and principles of Islamic Shari`a which is based on cooperation between the Covered Person i.e. the Covered Person upon any damage incurred by one of them which is covered under the policy held by him. Such compensation shall be in the form of cash contributions paid by the Covered Person as donations in the Insurance Account i.e the account of the Covered Person in the form of premiums as well as the investment returns of such contribution.

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This Takaful Insurance Agreement (hereinafter referred to as the “Policy”) has been conclude by and between:
Takaful Insurance Agreement • October 3rd, 2023

-Arabian Scandinavian Insurance company P.L.C Takaful. P.O.Box 1993-Dubai. United Arab Emirates(hereinafter referred to the “Company”) And

Contract
Takaful Insurance Agreement • November 26th, 2018

Shariá Permeable This Takaful Insurance Agreement (hereinafter referred to as the “Policy”) has been conclude by and between: -Arabian Scandinavian Insurance company P.L.C Takaful PSC.P.O.Box 1993-Dubai. United Arab Emirates(hereinafter referred to the “Company”) And- The Participant. -Whereas the company practices Takaful Insurance Activities according to the rules and principles of Islamic Shari`a which is based on cooperation between the Participants i.e. the policy holders upon any damage incurred by one of them which is covered under the policy held by him. Such compensation shall be in the form of cash contributions paid by the Participants (or policyholders). as donations in the Takaful Fund the account of the Participants or policyholders in the form of premiums as well as the investment returns of such contributions. -Whereas the Participant (or policyholder) has agreed to deal with the company according to this form to Takaful Insurance and participate with the other Particip

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