Articles Tagged By Takaful

How Unnecessary Takaful Claims Have Distorted Market Prices

Contrary to what many think,increasing Takaful contributions are not just due to increasing medical costs. In fact, one ‘culprit’ that plays a significant role in pushing up Takaful contributions is the prevalence of dubious and borderline fraud...

How To Get Cash Back On Unutilised Motor Takaful Contributions

Many of us see motor insurance or Takaful as just another form of obligatory financial commitment, much like paying taxes or home loan repayments. There is no argument that insurance and Takaful is essential in today’s world to manage one’s risks ...

Top 3 Misconceptions of Takaful

Takaful, despite its long history in Malaysia and throughout the world, is often perceived in a jaundiced light, largely due to its religious connotations. As a Malaysian, chances are that you know of it, but choose to turn away because the unk...

takaful, insurance, personal finance

In this article, we explain the concept of mutual cooperation, the greater good, and how individuals can get a sense of helping each other as well as supporting charities through Takaful.

How Does Takaful Compare To Conventional Insurance?

A prevailing misperception about Takaful is that it is simply the Islamic version of traditional insurance, and thus is confined to those of the religion. The truth is, not only is Takaful open to anyone regardless of religion or creed, it is a...

The Rise Of Takaful - Why It Makes Sense

When it comes to insurance cover, people grudgingly accept that if no claims were made, money paid to premiums will be "burnt". But somewhere out there is a more equitable, lesser known category of insurance cover that gives out cash backs on uncl...