About the product
Property pledged as collateral for Murabaha obligations is not only security for the financier, but also a core asset for the owner. Throughout the collateral period, any damage to or loss of the property directly affects the financial interests of both parties: the financier and the customer.
Benefits
1
A product developed with the assistance of experts in the field of Islamic finance.
2
Direct cooperation with banks and financial institutions.
3
Prompt review of the insured event and payment of the insurance payout.
4
After the end of the insurance period, the remaining takaful contribution balance is returned to the participants.
Subject of Insurance
-Buildings and structures;
-Equipment;
-Inventory and others.
Risks covered by insurance
-Fire, explosion, lightning strike;
-Earthquake, flood;
-Landslide, ground subsidence;
-Hurricane, hail, heavy rain, heavy snowfall;
-Water damage;
-Burglary and theft, unlawful actions of third parties;
-Loss (destruction) or damage resulting from collision with vehicles or the fall of aircraft.
Takaful insurance application
