Islamic Home Insurance Launched in the US
When Babar Saeed heard about the first Islamic insurance product in the United States his first response was, “Tell me more and how can I sign up?” It’s a fact that true Shari’ah compliant insurance has finally arrived in the United States after various groups tried for 25 years.
But now, building on their innovative track record, Zayan has successfully launched the first Islamic homeowner’s insurance program in the US. Takaful is the final step in completing the range of Shari’ah compliant financial services offered in the United States and an impressive milestone for American Muslims.