Takaful is a system designed according to Wakalah business model. It provides a robust solution for the distribution of profits on the eligible policies for each business line per insurance product.

Takaful provides flexible Wakalah fee setup definition & calculations factors, dynamic calculation of surplus amount & Al-Qard Al-Hasan, and auto calculation of incentives, capital reserve, and Profit.

Key features

  • Ability to define Wakalah fees percentage for different aspects.
  • Promptly define the integration accounts for multi financial account types.
  • Flexibility in defining multi and dynamic calculation factors.
  • Filter the calculated results based on the business type, insurance class, and policy type.
  • Automatically provides calculations based on dynamic setups.
  • Manage distribution amount effectively.
  • Easily define and calculate the incentive fees amount and the policy holder’s capital amount.
Our Customers
Our Customers
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