Takaful (Islamic Insurance) - Meaning, Principles, and Types: General & Family Takaful - AIMS UK

Takaful (or Islamic Insurance) is a form of insurance that provides protection against certain risks under Islamic principles. The money used to pay for takaful comes from the member's savings and/or other sources. It may be paid into a takaful fund or paid out as a benefit to the member in the case of death or disability.
Takaful is an Arabic word meaning "trust". In Islamic finance, it can refer to several different types of insurance plans that protect members against financial loss due to certain risks.
The most common types of takaful are General Takaful and Family Takaful. It is becoming increasingly popular among Muslims around the world because it can help people protect themselves from unforeseen events without violating their religious beliefs.
For the free lecture on Takaful and Types of Takaful, and for more lectures, visit: aims.education...
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[@Radmir.akhmetshin]

Salam aleykum ya Rahmatullah Please send link with musharaka video clip )

[@unbelievableHoruz]

بارك الله فيكم

[@amanbayev]

00:03 Takaful means Mutual Protection and Joint Guarantee 01:21 Takaful includes basic elements and drivers 02:35 Takaful is based on principles of mutual cooperation and risk-sharing. 03:42 Takaful operators earn fees for services, participate in the share, and may charge management fees. 04:45 Takaful covers property, motor, and family in different classes 05:58 Takaful provides financial security and benefits for retirement and dependents 07:06 Takaful operates on principles of risk-sharing and savings for the future. 08:21 Takaful involves contracts of trust, arrangement, murabahah, and surplus.

[@amalsaleemkashmiri]

Life takaful is impermissible in Islam. Please recheck your video tutorial.

[@mikhailmaimoonahoward]

Asalaamu Alaikum I have a question I am a new Muslim. I’m trying to make sure my affairs are in order ahead of time in case I pass away. Burial services are only increasing in price in the United States. If we can’t participate in life insurance how do you ensure that we have the funding available to be buried if we fall on financial hardship? The last I checked burial in my area was $6000 which isn’t expensive. However it changes constantly.

[@mowlidid3636]

Start saving for burials