Pilgrimage (Hajj) Takaful

Abstract

No one in this world can run avoid all types of risk, disaster or catastrophe. Everyone’s life, property or assets are subject to some sort of risk 24 hours a day, seven days a week. Thus, Shari’ah has provided a solution as precautionary steps against unpredicted risk. The practice recognised as Takaful is among the potential techniques which offer possible securities for someone who encounters risk. In case of pilgrimage, pilgrims are exposed to various kinds of risk, such as accident, delay of flight, loss of baggage and so forth. Such risks arise when huge numbers of Muslims worldwide gather to perform the Hajj. The place becomes so crowded and the possibility of incurring such risks as mentioned above is high.

It is acknowledged that, the idea of this chapter/product is significantly contributed by the practices/experiences/thoughts of Bank Negara, Takaful Malaysia, Takaful Ikhlas, Takaful Nasional, Etiqa Takaful, IBFIM, IIUM, MII and others (Malaysia).