Takaful definition

Takaful means a scheme based on brotherhood, solidarity and mutual assistance which provides for mutual financial aid and assistance to the Takaful Participants in case of need whereby the Takaful Participants mutually agree to contribute for that purpose.
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Takaful means an arrangement based on mutual assistance under which Takaful Participants agree to contribute to a common fund providing for mutual financial Benefits payable to the Takaful Participants or their beneficiaries on the occurrence of pre-agreed Events.
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Takaful means Shariah-compliant insurance coverage, provided by Takaful Company for the benefit of the investors.
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Examples of Takaful in a sentence

  • Consumer Takaful Contract - Where the Certificate Holder has applied for this Takaful wholly for purposes unrelated to the Certificate Holder’s trade, business or profession, the Certificate Holder had a duty to take reasonable care not to make a misrepresentation in answering the questions in the Proposal Form (or when the Certificate Holder applied for this takaful) i.e. the Certificate Holder should has answered the questions fully and accurately.

  • Kontrak Takaful Pengguna KONSEP SHARIAH Takaful: Suatu persepakatan yang berdasarkan konsep xxxxxx bantu membantu di mana para peserta takaful xxxxxx bersetuju untuk memberi caruman kepada satu xxxx xxxx sama untuk menyediakan manfaat kewangan bersama yang dibayar kepada peserta takaful atau waris-waris mereka apabila berlaku peristiwa yang telah dipersetujui.

  • Please refer to PIDM’s TIPS Brochure or contact Zurich General Takaful Malaysia Berhad or PIDM (visit xxx.xxxx.xxx.xx).

  • If You suffer a Bodily Injury, which shall within twelve (12) consecutive months result in death or disablement as provided in the Table of Benefits described herein, We will pay the amount stated in the Certificate of Takaful according to the respective percentage of the sum covered as stated in the Table of Benefits.

  • Tel: 0-000-00-0000 (LINK) E-mail: xxxxxxx@xxx.xxx.xx Website :xxxxxxx.xxx.xxx.xx Zurich General Takaful Malaysia Berhad Registration No. 201701045981(1260157-U) Xxxxx 00X, Xxxxx 0, Xx.0, Xxxxx Xxxxxxx, XX Xxx Xxxx, 00000 Xxxxx Xxxxxx, Xxxxxxxx.


More Definitions of Takaful

Takaful means mutual assistance, based on the spirit of brotherhood and solidarity, whereby the Participants agree to assist each other financially in case of certain defined needs.
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Takaful means a mutual assistance scheme based on the principles of solidarity, brotherhood and cooperation. Each Participant agrees to contribute (donate) into the PRF as Tabarru‘ which will be used to assist each other in times of need.
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Takaful means the takaful policy in respect of the Asset.
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Takaful means a mutual assistance scheme based on the principles of solidarity, brotherhood and cooperation. Each participant agrees to contribute (donate) into the Participants’ Risk Fund as Tabarru’ which will be used to assist each other in times of need.
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Takaful means a scheme in accordance to Hukum Syara’ based on brotherhood, solidarity and mutual assistance which provides for mutual financial aid and assistance to the participants in case of need whereby the participants mutually agree to contribute for the purpose;
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Takaful means a scheme in compliance with Shariah principles based on brotherhood, solidarity and mutual assistance which provides for mutual financial aid
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Takaful means Shariah-compliant Insurance Coverage, provided by Takaful Company for the benefit of the investors and subject to the terms and conditions in this Supplementary Offering Document.
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