Takaful
6 articles tagged “Takaful”
Is Car Insurance Halal in Australia? CTP, Comprehensive and Najmaa (2026)
CTP is compulsory in every state and every Islamic car financier requires comprehensive cover. How scholars treat each, what Najmaa Mutual's takaful covers, and what to do with a conventional policy.
Takaful in Australia: The Honest State of Play (2026)
No APRA-licensed takaful insurer exists in Australia. What does exist: one discretionary mutual, group cover inside Islamic super, and a necessity debate every Muslim household ends up having.
Najmaa Mutual Review: Australia's First Takaful, With Caveats (2026)
Najmaa's vehicle protection is the most Islamically rigorous cover ever offered to Australian Muslims - and by its own disclosure it is not insurance. Both halves matter. A full review.
Is Conventional Insurance Haram? The Necessity Debate for Australian Muslims
Most scholars find conventional insurance impermissible in principle - and Australia offers almost no compliant alternative. How the necessity framework actually works, cover by cover.
Income Protection for Australian Muslims: The Real Options
Losing your income is the risk most likely to actually hit your household. The compliant and near-compliant ways Australians can protect against it, from super group cover to self-insurance math.
Takaful vs Conventional Insurance: What Actually Differs
The two models can look identical from the outside - premiums in, payouts out. The differences live in the contract, the ownership of the pool and the treatment of surplus. A structural comparison.