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Fire Takaful Plan

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Islamic Insurance Products
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Abstract

The Fire Takaful plan is an Islamic insurance policy that offers general schemes that operate in line with Shari’ah. The Fire Takaful plan is the basic cover provided by the Takaful companies in the event of any loss or damage by fire, lightning and explosion to the property concerned. It is also a way to ensure complete coverage for one’s assets. This Fire Takaful plan is very much similar to the fire insurance policy offered by conventional insurance companies.

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).

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Cite this chapter

Billah, M.M. (2019). Fire Takaful Plan. In: Islamic Insurance Products. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-17681-5_7

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  • DOI: https://doi.org/10.1007/978-3-030-17681-5_7

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-17680-8

  • Online ISBN: 978-3-030-17681-5

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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