Allied Takaful, the Islamic window of Allied Insurance, has announced that its “Faya Takaful” product is now available online.
According to Allied Takaful, customers interested in purchasing Faya Takaful can now access the service quickly and easily through “My Allied” without needing to submit any paperwork.
“Faya Takaful” is a product formulated in compliance with Islamic Sharia principles, similar to other products offered by Allied Takaful.
The product has been specifically designed for small and medium-sized businesses. The plan provides protection against financial losses from fire incidents and natural disasters affecting property, as well as other potential losses. Coverage includes damage from civil disturbances and protests, water tank or pipe bursts, and theft incidents.
“Faya Takaful” offers affordable coverage for bakeries, restaurants, gyms, salons, workshops, warehouses, dive centers, and other small businesses. The plan can also be customized according to business requirements.
Allied Takaful stated that the company’s objective is to provide financial protection to businesses across different regions of the Maldives while delivering services more conveniently and quickly than before, bringing coverage within easy reach.