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Takaful - Key Features

  • Operator Fund & Risk Fund Handling.
  • Wakalah fee setup, calculation on insurance class level and policy type.
  • Comprehensive setup of surplus factors.
  • Flexible methodology of surplus calculation amount and Al-Qard Al-Hasan.
  • Advanced formulas, queries, or financial accounts on surplus factors' calculation.
  • Vouchers generation for Wakalah fees, Al-Qard Al-Hassan, incentive fee and capital holdings.
  • Dynamic calculation of distributable amount.
  • Automatic distribution of profit surplus.
  • Vouchers creation for each eligible policy with its share of the distributed amount.
  • Get Started & Support
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