Auto

TAKAFUL GIVES YOU PEACE OF MIND

As part of our commitment to provide you with the best products and services, we offer you, in cooperation with Takaful Oman Insurance, a Takaful Insurance compliant vehicle takaful that suits your needs and gives you peace of mind.

Features:

Sharia compliant product
Available through all Bank Nizwa Branches
Competitive rates
Comprehensive and third party Takaful
UAE Takaful cover
Roadside assistance

What is Takaful?

Takaful or Islamic insurance is a concept whereby a group of participants mutually guarantee each other against loss or damage. Each participant fulfils his / her obligation by contributing a certain amount of donation into a fund, which is managed by a third party i.e. the Takaful operator. In the event of loss or damage suffered, the Takaful operator will disburse the funds accordingly to its participants.

Approved by Shari’a Supervisory Board

All Bank Nizwa products and services are approved by the Fatwa and Shari’a Supervisory Board.

Table of benefits