Why I Advocate Takaful – A Personal Perspective by Helmi Hakim

As a Muslim financial consultant based in Singapore, I’m often asked: “What is Takaful, and why do you advocate it so strongly?”

To me, Takaful is not just a financial product. It’s a reflection of our values as Muslims – a system rooted in mutual help, shared responsibility, and trust.

What Is Takaful?

Takaful is the Shariah compliant alternative to conventional insurance. The word “Takaful” comes from the Arabic word “kafala” which means guaranteeing each other. Unlike conventional insurance, where the relationship is a risk transfer between you and the insurer, Takaful is a cooperative system. Participants contribute to a shared pool, and claims are paid from this pool to help members in need.

This is not just a business transaction – it’s a commitment to help one another for the sake of Allah.

Why I Believe in Takaful

When I started my career in financial advisory, I noticed a gap. Many Muslims were unknowingly participating in conventional insurance schemes that contradict Islamic principles – involving elements of riba (interest), gharar (excessive uncertainty), and maysir (gambling).

That deeply troubled me.

So I made it my mission to provide Muslims in Singapore with an alternative – one that protects our wealth and legacy while keeping our conscience and deen clear.

I don’t just sell Takaful policies. I explain the why. I teach families about their rights, responsibilities, and how to align their financial planning with Islam.

The Spiritual Value of Takaful

There’s something profound about knowing your contribution helps another family in times of hardship – a father who suddenly passed away, a mother permanently disabled in an accident, or a sole breadwinner taken too soon. Your monthly payment is not just an expense – it’s an act of sadaqah and solidarity.

Even when you make a claim, you’re not “taking from the company” – you’re drawing from the community’s pool of care. That’s powerful.

What Makes Takaful Different

• ✅ Shariah-Compliant Structure

• ✅ Transparent Fund Management

• ✅ No interest or speculative elements

• ✅ Surplus Sharing (Tabarru’)

• ✅ Oversight by a Shariah Advisory Board

Is Takaful Right for You?

If you’re a Muslim living in Singapore and you’ve been putting off insurance planning because of religious concerns, know that you have halal options.

Whether it’s protection for your family, income replacement in the event of death or disability, or legacy planning – there are Takaful solutions available.

My Role As Your Adviser

I see my job as more than recommending plans. I’m here to educate, empower, and ensure that your financial choices reflect your Islamic values. Over the years, I’ve helped hundreds of families and business owners gain clarity and confidence in their financial path – all within the framework of Shariah.

Final Thoughts

We are living in unpredictable times. Pandemics, accidents, and health issues remind us how fragile life is. Takaful gives us a halal way to prepare, protect and provide – not just for ourselves, but for those who depend on us.

If you’d like to explore Takaful options or just want to learn more, I’m happy to guide you. Let’s build wealth with barakah and purpose.

You can WhatsApp me, Helmi Hakim, at 96520134
or simply click here to schedule your FREE consultation.

I can only take 5 new clients per month, so do book early.

Let’s plan your halal wealth journey — with gratitude, patience, and rezeki in abundance, insyaAllah.