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It is a powerful player in the UAE takaful market [3] based in Abu Dhabi, offering a range of takaful products including motor, property, general accidents, family, medical, engineering and Marine cargo coverage. [4] Its shares are traded on the Abu Dhabi Securities Exchange as TKFL. [5]
Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) [1] is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).
Amana Takaful PLC, doing business as Amana Takaful Insurance, is a Sri Lankan insurance company which follows the principles of Islam and it is listed in the Colombo Stock Exchange. It provides services ranging from life insurance and different types of general insurance solutions such as motor vehicle insurance , health insurance , theft and ...
This page was last edited on 11 September 2019, at 21:12 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
National Takaful Company (Watania) PJSC (Arabic: وطنية للتكافل) is a takaful company based in Abu Dhabi, United Arab Emirates. The company was created in 2011 by Abu Dhabi National Islamic Finance , Abu Dhabi National Insurance Company , TAQA and Aldar Properties . [ 4 ]
Salama Islamic Arab Insurance Company (Arabic: الشركة الإسلامية العربية للتأمين) also known as Salama is one of the largest and most established providers of Shariah-compliant Takaful [1] solutions globally.
An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
AmMetLife is the name of Malaysian life insurance company, AmMetLife Insurance Berhad, and family takaful operator, AmMetLife Takaful Berhad. The companies are joint ventures between AmBank Group and New York-based MetLife. They offer a range of insurance and wealth protection products through AmBank's branch offices. [1]