We understand that you have worked hard for your personal possessions and that you want to protect them according to your beliefs. Our Shariah-compliant Property All Risk Insurance was developed to protect your most valued possessions and, more importantly, in a way that complies with Shariah principles.

Sharia insurance is a system in which participants share the risks by donating (infaq) part or the entire contribution through a tabarru fund, which will be used to pay the claim in case an accident occurs to one or some of the participants. Sompo Insurance’s role in this case is merely that of the fiduciary company that will manage and invest the funds collected from participants’ contributions. The insurer is responsible only for the operational management of the funds and not as the underwriter as commonly found in conventional insurance.

Similar to the conventional product, Property All Risk Sharia covers your personal residence, as well as furnishings and the vehicle(s) within the property’s premises, from damages or losses arising from fires, natural disasters, and other unfortunate incidents.