Takaful Plans

Takaful is a co-operative system of reimbursement in case of loss, paid to people and companies concerned about hazards, compensated out of a fund to which they agree to donate small regular contributions managed on behalf by a Takaful Operator. It is defined as an Islamic insurance concept which is grounded in Islamic Fiqh Muamalat (Islamic Commercial Law), observing the Principles of Shari'ah. This concept has been practiced in various forms since 622 CE.

Muslim jurists acknowledge that the basis of shared responsibility (in the system of Aquila as practiced between people of Mecca and Medina) laid the foundation of mutual insurance.


Dive Equipment

Dive Equipment

Dive Equipment Takaful covers against theft and loss as a result of a sudden, unexpected, unusual, specific event that may occur at an identifiable time and place, and damage

Cargo

Cargo

Cargo Takaful can ensure that you are protected from the financial consequences of loss of or damage to your cargo.

Contractors

Contractors

Contractors All Risk Takaful will help you to overcome the financial loss from unforeseen events that cause severe damage to the construction.

Expatriate

Expatriate

For people working overseas, whether it is for individual, family, groups or company, there can be numerous hidden pitfalls concerning healthcare. Ayady Expatriate Policy minimizes healthcare cost incurred by expatriates living and working in Maldives.

Fire

Fire

Fire Takaful is an insurance policy, where buildings used for business buildings and dwelling house are safeguarded against risk of fire and other such perils.

Motor

Motor

Imagine yourself in the face of an accident? What are your plans to overcome the situation financially?

Home

Home

Our Home Takaful cover provides you the opportunity to choose between the most suitable cover that best suits your requirements.

Hull

Hull

Marine Hull takaful is a cover on vessels against risks connected with its navigational operations. It covers damages to the boat, machinery and equipment’s etc.

Money

Money

Money Takaful indemnifies your business against losses encountered due to mishandling of money or perhaps even robbery and keeps your money safe.

Travel

Travel

Traveling can be exciting and rewarding, but it can also be expensive when the unexpected occurs far from home such as sickness or injury, travel delay, baggage loss, or worse.

Consequential Loss Takaful

Consequential Loss Takaful

Consequential Loss Takaful compensates you for lost incomes if your company has to vacate the premises due to any peril covered under your re insurance policy, such as a re, lightning.

Hajj and Umrah

Hajj and Umrah

Hajj and Umrah Takaful is a type of cover that covers the medical expenses and financial losses that could arise while you are on the journey of Hajj or Umrah.

Public liability

Public liability

Every organization, institution or body of people is under an obligation by law to regulate life and activity in such a way as to avoid causing injury, illness or disease or loss of or damage to property of other persons.

Plant, Machinery & Equipment

Plant, Machinery & Equipment

This Takaful policy covers unforeseen and sudden physical loss or damage from any cause that is not specifically excluded.

Boat Building

Boat Building

Designed precisely to provide Takaful cover mainly against the risks of fire or lightning whilst the boat/vessel is under construction.

Group personal Accident

Group personal Accident

Group Personal Accident Takaful plan provides companies with comprehensive personal accident Takaful coverage and liability Takaful protection against accidental death or injury.

Group Health

Group Health

Group Health Takaful Plan covers healthcare cost of the employees on behalf of the employer.

Individual Health

Individual Health

Our Individual Health Takaful Plan gives you and your family, health and financial protection at a feasible cost.