Secure Your Future, the ethical Way.

Ethical Insurance Agency is a professional organization dedicated to advising the populist about money management and providing our Clients with the best Takaful Insurance solutions possible.

What's Ethical Insurance?

Ethical Insurance also known as Takaful is a type of Islamic insurance wherein members contribute money into a pool system to guarantee each other against loss or damage. Takaful-branded insurance is based on sharia or Islamic religious law, which explains how individuals are responsible to cooperate and protect one another. Takaful policies cover health, life, and general insurance needs.

The takaful fund is managed and administered on behalf of the participants by a takaful operator, who charges an agreed-upon fee to cover costs. Much like a conventional insurance company, costs include sales and marketing, underwriting, and claims management.

The Circle of Life

Did you know that the average life span of a person is 28,000 days? If we subtract half of it which is 14,000 days, we all have 14,000 days to achieve all our dreams, our kids dream, our parents dream, whatever dream we have, we have 14,000 days to achieve it.

If you’re around the age of 35 years, this part of life is already over. You only have that much time left. During this period of time, there are four universal fears:

the first fear

What if I can’t work to 60 years?

The second fear

What if I don’t reach 60 years?

The third fear

How much do I need for retirement?

The fourth fear

Can I ensure that my children start life with the right foundation?

Jaiz Takaful Solutions

Jaiz Personal Accident Policy

Solve the first fear

Jaiz Family Takaful Policy

Solves the second fear

Jaiz Retirement Policy

designed to solve the third fear.

Jaiz Educational Policy

Targeted to solve the fourth fear

Other Jaiz Takaful Solutions

Jaiz Hajj & Umrah Plan

Jaiz Motor Insurance

Jaiz Professional Indemnity

Jaiz Marine Insurance

Takaful Blog

Frequently Asked Questions (FAQs)

Takaful is a type of Islamic insurance wherein members contribute money into a pool system to guarantee each other against loss or damage. Takaful-branded insurance is based on sharia or Islamic religious law, which explains how individuals are responsible to cooperate and protect one another. Takaful policies cover health, life, and general insurance needs.

An Islamic insurance company operating a takaful fund must operate under the following principles:

It must operate according to Islamic cooperative principles.A reinsurance commission may only be received from or paid out to Islamic insurance and reinsurance companies.The insurance company must maintain two separate funds: a participant and policyholder fund, and a shareholder fund.

Jaiz Educational Policy provides you with protection and long term savings to finance the education of your child.
Your child/ward will be provided Financial benefit in the event you suffer a set back covered under the plan. it is designed for parents/sponsors of wards/children in nursery, primary, secondary and tertiary institutions.

Jaiz Motor Insurance is an arrangement in which you pay money(contribution) to buy protection against Financial loss in case your car is stolen or damaged or you accidentally damage someone else’s property with your vehicle.

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