Certified,
Islamic Principles
Compliant
Insurance

At Takaful America, Islamic principles compliance is not an afterthought — it is the foundation of everything we do. Our operations, contracts, investments, and governance are all structured in strict accordance with the principles of Islamic finance and ethical risk-sharing.

How We Ensure Islamic Principles Compliance

Unlike traditional insurance, Takaful is built on mutual cooperation, shared responsibility, and ethical investing — all fully aligned with Islamic principles..

Faith-Based Integrity

We are guided by the Qur’anic principle of ta’awun (mutual cooperation) and adl (justice). Every policy we design reflects these values, ensuring that our members support one another through a system rooted in fairness, compassion, and accountability.

“Help one another in righteousness and piety…”
(Qur’an 5:2)

Islamic Advisory Council (IAC)

Takaful America operates under the ongoing oversight of an independent Islamic Advisory Council (IAC) comprised of qualified Islamic scholars, finance experts, and ethical advisors.
The IAC:

  • Reviews and approves all products, contracts, and operations.
  • Ensures compliance with AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) and IFSB (Islamic Financial Services Board) standards.
  • Issues annual Islamic Principles Compliance Reports for transparency and public accountability.

Islamic Principles-Compliant Operations

Our business model avoids all elements prohibited under Islamic law, including:

  • Riba (interest)
  • Gharar (excessive uncertainty)
  • Maisir (gambling/speculation)
  • Tabarru’ (donation) for mutual assistance among participants.
  • Wakalah (agency) and Mudarabah (profit-sharing) models for fair management and surplus distribution.
  • Takaful funds invested only in halal, socially responsible sectors such as real estate, infrastructure, and ethical equities.

Transparency and Accountability

We uphold full transparency in:

  • Fund segregation between participants’ risk funds and shareholders’ accounts.
  • Public disclosure of financials and Islamic Principles Compliance audit results.
  • Ethical reinvestment of surpluses through Sadar Foundation to benefit communities, education, and charitable causes.

Our Islamic Principles Promise

Takaful America is more than an insurance alternative — it is a movement toward financial justice. We believe true protection comes not from profit-driven mechanisms, but from trust, ethics, and collective care — principles embedded in the Islamic Principles since the time of the Prophet ﷺ.

What Makes Takaful Halal?

What Makes Takaful Different from Regular Insurance?

Takaful (Islamic Insurance)Traditional Insurance
Profit DistributionShared Surplus — not private gainProfit-driven risk coverage
Investment Portfolio100% halal-approved industriesOften includes haram sectors
Risk HandlingMutual Risk Sharing (not transfer)Profits go to shareholders
Claims ProcessTransparent & scholar-reviewedNot Islamic principles-compliant
See How It Works?

Our Islamic Advisory Council

Driven by faith. United by purpose. Our team brings together Islamic scholars, finance professionals, and innovators committed to creating halal insurance solutions for the modern world.

Muhammad Aiman Bin
Mohamad Salmi,
F.CPIF CSAA CSA ICDM

Ustadh Nazimool Saheb

Imam Jawad Ahmed

FAQs

Find answers to common questions about Takaful insurance in the U.S. context.

Contact us
Takaful is a cooperative insurance model that aligns with Islamic principles. Participants contribute to a pool that provides mutual assistance. It emphasizes ethical investments and social responsibility.

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