Noun
takaful (plural takafuls)
A cooperative system of reimbursement in case of loss; a sort of Islamic form of insurance.
Dubai, UAE: International Law Firm Clifford Chance advised Noor Investment Group in relation to the 100% sale of the shares of both Noor Takaful General PJSC and Noor Takaful Family PJSC to Dar Al Takaful PJSC. Source: Internet
Datuk Seri Johari Abdul Ghani, Finance Minister II stated, “Today’s launch of Takaful Malaysia’s digital strategy is very much in line with the overall digital strategy outlined by the Government in growing the digital economy.” Source: Internet
He added; "The growth pattern of Takaful is indeed impressive since it was established barely 12 years ago. Source: Internet
Over the years, Amãna Takaful has expanded its geographic footprint to 25 branches across Sri Lanka and in 2004; the company expanded its international presence to the Republic of Maldives. Source: Internet