Pegro Takaful Cooperative Society Limited offers innovative and tailored Shariah-compliant protection plans designed to meet the unique needs of our diverse participants. These plans prioritize affordability, simplicity, and relevance, empowering businesses and individuals with the financial security they need to thrive.
At Pegro Takaful, we uphold the Islamic principle of Takaful—a system of mutual guarantee where participants pool resources to assist one another in times of need. This approach aligns with the Quranic injunction:
“Help one another in acts of piety and righteousness, and do not assist each other in acts of sin and transgression.” (Surah Al-Ma’idah, 5:2)
Takaful is a Shariah-compliant system of financial protection where participants pool resources to safeguard one another against losses. Unlike conventional insurance, Takaful operates on principles of mutual cooperation, voluntary contributions (tabarru), and shared responsibility, ensuring that all activities align with Islamic law.
The main differences are:
- No Interest (Riba): Takaful avoids interest-based transactions.
- No Uncertainty (Gharar): Terms and conditions are transparent, minimizing uncertainty.
- No Gambling (Maysir): Risks are shared collectively, rather than one party profiting at the expense of another.
- Ethical Investments: Funds are invested in halal ventures.
Yes. All operations, products, and investments are overseen by our Shariah Advisory Board to ensure strict compliance with Shariah law.
Anyone can join Pegro Takaful, including individuals, families, small business owners, artisans, traders, and corporate organizations seeking Shariah-compliant risk protection.
We offer tailored Takaful plans, including:
- Basic Essentials Protection Plan (BEP): Covers essential business assets.
- Flexible Seasonal Protection Plan (FSP): Seasonal coverage for high-risk periods.
- Daily Trade Loss Protection Plan (DTLP): Daily cash payouts during temporary business disruptions.
- Inventory Damage and Spoilage Protection Plan (IDSP): Protects perishable goods from spoilage.
Values
Pegro Takaful’s initiatives are powered by the collective spirit of our participants. By joining us, you’re not just securing protection for yourself—you’re contributing to a community-driven mission to empower others. Together, we can build a future of resilience and shared prosperity.
Choosing Pegro Takaful means choosing a partner that values your faith, your needs, and your community. We are more than just a Takaful provider; we are a cooperative built on the principles of mutual support, transparency, and ethical responsibility. As we embark on this journey together, Pegro Takaful remains steadfast in its mission to protect and empower, ensuring a brighter, more secure future for all participants. Let us stand united in trust and mutual benefit—because together, we are stronger.
Dr. Abdullahi Ya’u
President/Chief Takaful Officer
Pegro Takaful Cooperative Society Limited Nigeria.
Step 1: Register Online or Through an Agent
Step 2: Pay Your Contributions
Step 3: Submit Claims When Needed
Get the latest News & Updates from Pegro Takaful about our Services & Community
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Financial Literacy Workshops
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