Takaful
5 articles tagged “Takaful”
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.