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Fire Takaful Plan

  • Mohd Ma’Sum Billah
Chapter

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.

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mohd Ma’Sum Billah
    • 1
  1. 1.Professor of Finance, Insurance, Fintech and Investment Islamic Economics InstituteKing Abdulaziz UniversityJaddahKingdom of Saudi Arabia

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