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Etiqa is an insurer and takaful operator in ASEAN. It is a member of the Maybank Group, offering life and general insurance policies, as well as, family and general takaful plans. It has over 10,000 agents, 46 branches, 17 offices, and a bancassurance network consisting of over 490 branches, cooperatives, brokers , and online platforms across ...
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 ...
Takaful Malaysia was established on 29 November 1984 when the Government of Malaysia set up a task force to study the feasibility of establishing an Islamic insurance company in Malaysia. [2] The incorporation of Takaful Malaysia as the first takaful operator in the country was in the same year as the Takaful Act was enacted. [3]
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
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]
Since its establishment in 1979, Salama has been a leader in the Takaful industry, serving over 450,000 customers and offering coverage exceeding AED 10 billion. The company won Best Takaful Company (Middle East) at the 2012 International Takaful Awards. [4]
The company is the successor to two former takaful operators—ING Public Takaful Ehsan and AIA AFG Takaful. ING Public was the takaful joint venture between ING Group and Public Bank until 2012, when AIA acquired ING's Malaysian operations. [2] AIA AFG was the takaful joint venture between AIA and Alliance Financial Group (AFG).
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