What is Shariah-compliant Insurance?
A Shariah-compliant Agreement can be translated to simply mean “joint guarantee” – a shared responsibility with the underlying characteristic of “sharing”. Thus, it means shared responsibility, shared guarantee, collective assurance and a mutual undertaking.
Bryte Commercial Shariah-compliant Insurance
At Bryte, we understand the importance of developing solutions that protect our customers’ businesses and minimise their exposure to risk. That’s why our Commercial Shariah-compliant Insurance not only complies with Shariah principles but, depending on the nature, size and structure of the business and the sector in which it operates, we’re able to provide a comprehensive solution, coupled with an experienced and dedicated claims team skilled in the management of complex commercial claims.
Bryte Personal Shariah-compliant Insurance
At Bryte, we understand how hard customers work for their personal possessions, and that they want to protect them as comprehensively as possible. That’s why our Personal Shariah-compliant Insurance offering has been developed to protect customers’ most valued possessions and, more importantly, that the cover provided complies with Shariah principles. Working with our team, customers are able to shape a solution that mitigates risk and meets customer needs while complying with the TCF (Treating Customers Fairly) outcomes.