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Change of Concept from Mudhrabah to Wakalah

Source : Insurans Islam TAIB
01 Jan, 2020
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Insurans Islam TAIB Holdings Sdn Bhd is pleased to inform that the underlying Syariah concept governing our Takaful products will be changed from Mudharabah (partnership contract) to Wakalah (agency contract) with effect from 1st January 2020. The products included in the conversion of concept are:

Insurans Islam TAIB General Takaful:
House Owner Takaful Scheme
Personal Home Assistant Takaful Scheme
Fire Takaful Scheme

Insurans Islam TAIB Family Takaful:
Mortgage Takaful Plan
Motor Takaful Plan Group
Family Takaful Plan
Teachers Takaful Plan
Khairat Takaful Plan
Credit Card Holder Takaful Plan

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