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Fire Takaful Plan

In: Islamic Insurance Products

Author

Listed:
  • Mohd Ma’Sum Billah

    (King Abdulaziz University)

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.

Suggested Citation

  • Mohd Ma’Sum Billah, 2019. "Fire Takaful Plan," Springer Books, in: Islamic Insurance Products, chapter 0, pages 103-111, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-17681-5_7
    DOI: 10.1007/978-3-030-17681-5_7
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