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Islam founded the understanding of Takaful as a concept of being the best, and impressive system which ensures a decent life for each member of the Muslims community, Takaful is the application of a modern concept of solidarity which was urged and, ordered by Islam, and this appears in all the guidance scripts of Shariah Islamiah, as in the verse the Almighty وتعاونوا على البر والتقوى ولا تعاونوا على الإثم العدوان) (سورة المائدة:آية 2). : And cooperate in righteousness and piety, but do not cooperate in sin and aggression.) (Surat Al - Maidah : verse No. 2). Concept of Takaful is included in all religious texts asking Muslim community for solidarity and to depend on each other among themselves , that makes it one of the vital reasons of the survival of the Muslims. Among the forms that reflect the solidarity in Islam are Zakat, and Al Aqlah system (Al Diyat) of sharing blood money.
The Muslim community is distinguished due to the practicing the values of compassion, cooperation and solidarity in religion which makes the members closer to their Creator – the Al Mighty, if they practice and implement this guidance of Allah the Al Mighty they will get great reward.
What is Takaful?
Al Takaful: Is an insurance system which is compatible with the provisions of Islamic Shariah...
Historical Developments and Creation of Takaful
Takaful is based on the relation of lineage and it is the first types of Takaful that have known to the human societies...
Why Islam Urged for Takaful?
Islam is keen to save lives and money, and considers it as Amana and responsibility where the Muslims will be asked about it in the doomsday...