Takaful Insurance System
Configure a Sharia-compliant Takaful system
Because products, rules and accounting are all configuration in Openkoda, you can model Takaful structures - participant and operator funds, surplus handling and Sharia rules - on the same platform.
Adaptable to Takaful
Shape products and accounting to your governance model.
Rules-driven
Encode governance and eligibility as configuration.
Deploy in-region
Run on-premise where you need to for compliance.
One platform, adaptable to Takaful
Openkoda's configurable core lets you shape products and processes to Takaful requirements, rather than forcing a fixed model.
What you can do
Configurable products
Model Takaful products without code.
Fund structures
Represent participant and operator funds.
Surplus handling
Model surplus and distribution rules.
Rules-driven
Encode governance and eligibility rules.
Documents
Generate compliant documents.
Deploy in-region
Run on-premise where you need to.
Everything you need, in the platform
Model Takaful products without code.
Represent participant and operator funds.
Model surplus and distribution rules.
Encode eligibility and compliance rules.
Generate compliant documents.
On-premise deployment for data residency and compliance.
Up and running, fast
Configure products & funds
Model the structure you need.
Set the rules
Encode governance and eligibility.
Distribute & administer
Sell and service on one platform.
Configure a Takaful motor product
A Takaful operator wants a Sharia-compliant motor product on a flexible core.
Model the product & funds
Configure the product and participant/operator fund structure.
Set the rules
Encode governance, eligibility and surplus handling.
Distribute & administer
Sell and service on one platform, deployed in-region.
Illustrative example built on Openkoda's demo products.
Built for your team
Takaful operators and Islamic insurers seeking a flexible core.
Questions, answered
Is this a pre-built Takaful product?
Can we deploy in our region?
Can we model participant and operator funds?
Can we encode Sharia governance rules?
Do we own our data?
See Openkoda in your context
Book a live, personalized demo with our product team - tell us your use case and see the platform work with your data. No commitment.