Engineering Takaful

Our Engineering Takaful covers wide range of all the business activities related to Construction, Erection, Machineries and Public Liability.

Types of Engineering Policy

Contractor’s All Risk

The basic concept is to offer comprehensive and adequate protection against loss or damage in respect of the contract works, construction plant and equipment and/or construction machinery, as well as against third party claims in respect of property damage and/or bodily injury arising in connection with the execution of a construction project.

Key Features: This policy consists of two sections to cater for all contingencies associated with contract works:

1. Material Damage – covers loss or damage to contract works and other related facilities.

2. Third Party Liability – covers legal liabilities to third parties arising out of accidental bodily injury or property damage in connection with contract works.

Contractor’s Plant and Machinery

This is an coverage of contractors’ plant and machinery on an annual basis. It covers any loss or damage occurring at work, at rest of during maintenance operations and is limited to a specific construction site.

Machinery breakdown

It was developed to grant industry effective insurance cover for plant, machinery and mechanical equipment at work, at rest or during maintenance operations.

Erection All Risk

This branch of Engineering takaful offers comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind as well as third party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project.

Key Features: This cover is designed for projects where the value of the Electrical / Mechanical assets dominates the Contract Value.

Get comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind.
This cover consists of two sections to cater for all contingencies associated with contract works.

1. Material Damage – covers loss or damage to contract works and other related facilities.
2. Third Party Liability – covers legal liabilities to third parties arising out of accidental bodily injury or property damage in connection with contract work

Electronic Equipment

This takaful provides cover for all electrical systems which generally have only a moderate power requirement while such equipments are at work, at rest or during maintenance operations.

Other Products

Salient Features:

A Shariah Compliant way to protect the risks

Profit Sharing

Excellent Services and Prompt settlement of claims

Tailored made services as per customer’s need

All financial transactions are duly vetted by Shariah Advisor

Frequently Asked Questions

Have questions? We’ve got you covered

Need help understanding our services? Browse through these commonly asked questions to get quick and clear answers about coverage, process, and more.

What is Takaful and how is it different from insurance?

Seamless assistance at your fingertips — whether you need guidance, have questions, or require claim support, we’re always here to help you with clarity and care.

What Takaful services do you offer?

We offer Motor, Health, Fire, Marine Cargo, Engineering, and Miscellaneous Takaful services.

How can I get a Takaful policy?

You can apply through our website, contact our team, or visit our nearest branch.

Is your Takaful model Shariah-compliant?

Yes, our Takaful services are supervised and approved by a qualified Shariah Board.

How do I file a claim?

Contact our claims team with required documents or visit our branch for assistance.

Engineering Takaful