As a leader in its field, AROPE Insurance constantly diversifies its Lines of Business and introduces the new TAKAFUL window to prove furthermore being a trendsetter and to better meet the Lebanese Market’s insurance needs.
This new window is addressed to Customers wishing to have their insurance covers in compliance with the Islamic Religious Law (Islamic "Shariah"), as a viable alternative to the Conventional Insurance.
TAKAFUL Insurance is based on the concept of mutuality. It oversees a pool of funds contributed to all policyholders, and follows, like other TAKAFUL companies around the world, the guidelines of the Islamic "Shariah", including bans on interest, and a prohibition on investing in industries, such as alcohol and gambling.
TAKAFUL is perceived as a Cooperative Insurance upholding the principal of "bearing one another’s burden", and is open to everybody without any restrictions.
AROPE TAKAFUL Window operates under the close supervision of the Shariah Supervisory Board represented by: Dr. Abdul Sattar Abu Ghudda, Chairman of the Shariah Board, Sheikh Amine Al Kurdi, Fatwa Secretary in the Lebanese Republic and Sheikh Hussein Al Kheshen, Dean of the Legitimate Estate affiliated to Sayyed Mohammad Hussein Fadlallah’s institution.