Takaful Insurance can Cover the Travel of Pilgrims
Friday, 08 28 2015, Category: Islamic Insurance, Country: World
Mr. Ahmad Najib, chairman of the Egyptian Association for the Development of Insurance Awareness, confirmed that pilgrims of the sanctified house of Allah can get an insurance cover through Takaful companies. He also explained that there are fears around the inviolability of life insurance, especially when performing the fifth obligation of the ordinances of Islam which denotes a ‘Halal’ pilgrimage by all means.
Mr. Najib said in a statement to «Vito» that in case of death or partial or total disability, the insurance company will bear the expenses of treatment or compensation; explaining that the Hajj Takaful operates according to Islamic law.
He also believes that developing awareness about the importance of insurance to society members is critical to preserve the wealth and lives of individuals.
Source: Vito Gate