During 2006, the Doha Insurance established an Islamic Takaful branch under the brand name Doha Takaful to carry out insurance and reinsurance activities in accordance with Islamic Sharia principles on a non-usury basis in all areas of insurance.
1. The Principles and provision of Islamic Sharia shall be applicable to this takaful as decided by the Company’s Sharia Board.2. A Policyholder is considered joint liable with the remaining policyholders for compensating the losses suffered by any policy holder. The company shall compensate the policyholder out of the takaful funds for losses and damages sustained according to the terms and conditions set forth in this policy.
3. A policyholder shall donate all or part of his contribution to pay for the losses suffered by any of the policyholder as per the cooperative or takaful principles.
4. The Company shall manage the takaful operation for benefit of the policyholders and will charge a fee based on percentage of Gross Annual Contribution which will be calculated at the end of the financial year. This percentage will be announced in advance before the beginning of the financial year and will be mentioned in every policy or in renewal notices.
5. The Company shall invest policyholders contributions collectively for the benefit of policyholders on a Mudaraba or fee equal to percentage of the realized profit calculated at the end of the financial year. This percentage fee will be announced in advance before the beginning of the financial year at the Company’s offices and will be mentioned to every policy document or renewal notices.
Marine insurance covers following types:
Marine Cargo -- In spite of modern shipping techniques, loss or damage remains a frequent occurrence during transportation, loading and unloading of goods.
For More Information Please Call +974 44335074
Aviation Insurance covers following types:
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- Aviation Hull & Liability
- Aviation Hull Deductible
- Aviation liabilities
- Aviation Hull War
For information please contact +974 44335074
Engineering insurance has following Type:
CONTRACTORS' INSURANCE -- Contractors engaged in all types of construction work are exposed to loss from a variety of causes, from the time of first delivery of materials to the site, continuing while the work is in progress and until the contract is completed and handed over.For more information please contact +974 4335074
Fire insurance has following Type:
FIRE INSURANCE -- Most fires start small and cause only limited damage provided they are quickly extinguished. However, fire can spread very rapidly creating devastation on a massive scale.For More Information Please Call +974 44335097
Motor insurance covers following types:
With the increasing number of Vehicles on the road the risks of an accident becomes inevitable; therefore an automobile comprehensive insurance is your lifeboat against most of the odds. Let us offer you a peace of mind and even out the odds for you and your business. DOHA INSURANCE COMPANY offers three types of Insurance. More DetailsFor more information please contact at +974 44335046
Miscellaneous insurance covers following types:
Liability Insurance -- Liability is the obligation to compensate against damages sustained by third parties due to unintended error. Based on this definition, liability materializes by existence of three elements, i.e. error, damage and causative relationship. Though the types of liability are numerous, such as immaterial, penal and civil liability, insurance generally focuses on covering civil liability. In fact, liability occurs upon existence of damage / loss incurred by a third party due to accidental and non-intentional error or omission. Consequently, it is essential for the party causing such damage to remedy it. The third party liability includes the liability for personal acts represented in each error causing damage to third party and the party committing such error is obligated to indemnify it. Also It includes third party liability such as the liability for acts of persons ought to control; like the father’s liability towards the acts of his sons, liability of the master for acts of his subordinates; like the employer’s liability for acts of his personnel. Added to that, the liability arising out of objects such as liability of motor vehicle’s owner for damages caused to third parties by his car.More DetailsFor More Information Please Call +974 44335046 / 44335003