Islamic Open Finance™Takaful & Retakaful Solutions

Takaful operations on rails, not spreadsheets.

11 dedicated Takaful rails covering family, general, claims, underwriting, reinsurance, fund management, surplus distribution, actuarial, commissions, and compliance. Automated contribution routing (including SEPA Instant settlement <10s for EUR contributors), Shariah-compliant risk-pool accounting on a real-time double-entry ledger, and AAOIFI + IFSB + ISO 20022 + SOC 2 audit trail baked in.

Open vs commercial in this pack

What ships free

Open under Apache 2.0

  • Takaful contract schemas (Family, General, Health)
  • AAOIFI SS-26 compliance documentation
  • Sandbox environment with all 11 rails
  • OpenAPI specification

What we charge for

Commercial / paid

  • Production API access (all 11 Takaful rails)
  • SEPA Instant contribution routing
  • Automated surplus distribution engine
  • Retakaful treaty management
  • Actuarial calculation APIs
  • Regulator-shaped evidence packs

Takaful operations dashboard

Real-time management of all Takaful operations and risk pools.

Takaful Management Center

Active Risk PoolsQ1 2026

Active Policies

145,892
↑ 8.3% vs last month

Risk Pool Value

$847M
↑ 12.7% YTD growth

Monthly Contributions

$23.4M
↑ 5.2% vs target

Claims Ratio

67.3%
Healthy performance

Risk Pool Distribution

Family Takaful45%
General Takaful30%
Health Takaful15%
Retakaful10%

Complete Takaful solutions

Shariah-compliant insurance products with automated operations.

Family Takaful

Life protection and savings with investment-linked benefits for individuals and families.

  • Automatic Waqf allocation
  • Tabarru' contribution management
  • Surplus distribution calculation
Active Policies98,234
$381M total coverage

General Takaful

Non-life insurance covering property, liability, and business risks with cooperative risk-sharing.

  • Multi-peril coverage options
  • Real-time claims processing
  • Reinsurance integration
Active Policies47,658
$254M total coverage

Health Takaful

Medical and health coverage with Shariah-compliant treatment and hospitalization benefits.

  • Hospital network management
  • Cashless claim processing
  • Preventive care programs
Active Policies31,447
$127M total coverage

Retakaful

Islamic reinsurance providing risk capacity to Takaful operators with surplus sharing.

  • Facultative and treaty programs
  • Automatic treaty management
  • Multi-currency settlement
Active Treaties156
$85M capacity provided

Automated claims processing

Shariah-compliant claims workflow with automated validation and settlement.

Claims workflow pipeline

  1. Claim Submission

    Digital submission with document upload and initial validation

  2. Shariah Review

    Automated compliance check against policy terms and Shariah principles

  3. Risk Pool Impact

    Calculate impact on risk pool and available coverage

  4. Settlement

    Automated payment processing with beneficiary notification

Real-time claims analytics

Claims Processing StatusLive
847
Claims Today
92%
Auto-approved
2.3h
Avg. Processing
$3.4M
Settled Today
Family Takaful Claims342 processed
General Takaful Claims287 processed
Health Takaful Claims218 processed

Transform your Takaful operations

70%
Faster claims processing
100%
Shariah compliance automation
45%
Operational cost reduction