
What is Takaful?
Takaful insurance is a type of Islamic insurance based on the principles of mutual assistance, shared responsibility, and cooperation, and it is compliant with Sharia.
At Tripolis Insurance Brokers, we offer Takaful solutions based on structured contributions and community-based protection.
Unlike conventional insurance, we do not charge interest. Instead, participants contribute to a pooled fund, which is used to compensate members in the event of loss or hardship. Our Takaful operations follow the guidelines of Libyan regulatory frameworks and are overseen by an appointed Shariah Supervisory Board to ensure full compliance with Islamic principles.
Takaful promotes ethical financial practices, where no participant gains at the expense of another. It fosters cooperation and transparency, ensuring that every member benefits from a system built on equity and mutual support.