Defining the Takaful concept of responsible financial security and protection for you,your family and business.

what is takaful ?

Takaful is a simple co-operative way of financial protection,that extends benefits to both participants and
community according to Shariah.It is based on the principles of Ta-awun (co-operation),brotherhood and
solidarity for financial aid between participants.In the case of the Tokio Marine Egypt Family Takaful Company,it
concerns the members of the public and companies contributing to,and benefiting from, Takaful protection plans.

How Does It Work ?

The contribution paid by the participant under the Takaful scheme is considered as a donation, and will be
separated into two funds. These are known as ‘protection’ and ‘investment’, according to the nature of cover
and the type of plan being participated in.
Both funds will be managed by Tokio Marine Egypt Family Takaful (Operator).

A portion of the contribution,which is placed in the Protection Fund, is created by donations from participants
compensate losses occurred in future.Therefore, the liability is spread amongst all policy holders,
and all losses/profits will be shared between the participants and Tokio Marine Egypt Family Takaful.

In What Way Is It Shariah Compliant ?

A Shariah Board is an essential component in any Takaful operation, to ensure that all Tokio Marine Egypt
Family Takaful operations are Shariah compliant. The Shariah board is comprised of recognized Islamic
scholars whose purpose is to monitor the company’s operational model and investment guidelines.

Tokio Marine Egypt Family Takaful gives you peace of mind knowing you and your loved ones are protected
and have the opportunity to help others through a trusted, fair and transparent Takaful system.

Back To Main