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Moria

Takaful

What it is

Section titled “What it is”

Takaful is Islamic mutual protection — the Shariah-compliant alternative to conventional insurance. Members contribute into a shared fund, and when a member suffers a covered loss, their claim is paid from that fund. Everyone protects everyone else.

Shariah basis

Section titled “Shariah basis”

Tabarru’ (donation-based mutual aid). Contributions are donations into a common pool used to help members in need — not premiums bought for a guaranteed payout. This removes the uncertainty (gharar) and interest (riba) that make conventional insurance non-compliant.

Who it is for

Section titled “Who it is for”
  • Members who want coverage — health, life, or asset protection — the halal way.
  • Cooperatives and communities running a mutual-protection scheme for their members.

Key capabilities

Section titled “Key capabilities”
  • Enroll in a takaful plan.
  • Contribute into the shared fund from the main balance, on a schedule.
  • Submit a claim when a covered event occurs.
  • Claim review — the organization assesses the claim.
  • Payout — an approved claim is paid to the member’s main balance.

Lifecycle

Section titled “Lifecycle”
stateDiagram-v2
    direction LR
    [*] --> Enrolled: member joins a plan
    Enrolled --> Active: contributions kept up
    Active --> ClaimSubmitted: covered event
    ClaimSubmitted --> ClaimApproved: assessed valid
    ClaimSubmitted --> ClaimRejected: not covered
    ClaimApproved --> Active: payout made, cover continues
    Active --> Lapsed: contributions stop
    Enrolled --> Cancelled
    Lapsed --> [*]
    Cancelled --> [*]

How the money moves

Section titled “How the money moves”

Contributions flow into the shared fund; approved claims flow back out to the member.

flowchart LR
    subgraph MEMBERS[" Members "]
        direction TB
        A[(Main balance A)]
        B[(Main balance B)]
    end
    FUND[("Shared takaful fund")]
    CLAIMANT([Member with a claim])

    A -->|contribution| FUND
    B -->|contribution| FUND
    FUND -->|"approved claim payout"| CLAIMANT

    classDef money fill:#FDF8E8,stroke:#3C2C96,stroke-width:2px,color:#1E1B4B;
    classDef pot fill:#FFF3D0,stroke:#F4BE27,stroke-width:1.5px,color:#8B5A00;
    classDef actor fill:#FFFFFF,stroke:#3C2C96,stroke-width:1.5px,color:#1E1B4B;
    class A,B money;
    class FUND pot;
    class CLAIMANT actor;

What you can configure

Section titled “What you can configure”
  • Plans & coverage — the protection plans you offer and what they cover.
  • Contribution schedule — amounts and frequency.
  • Claim workflow — who assesses and approves claims.
  • Branding & language — under your brand, in ID / EN / AR.

Limits

Section titled “Limits”
  • Contributions are drawn from the main balance; lapsed contributions can suspend cover.
  • A claim must fall within the plan’s coverage and pass assessment to be paid.
  • Payouts come from the shared fund, subject to its rules.
Section titled “Related”