Takadao offers a halal
powered by the blockchain
for the new, global age.
TAKADAO is a blockchain native insurance
We are based on mutual cooperation and community aid, known as Takaful. We are organized as a DAO on the Ethereum blockchain to ensure transparency and community governance.
TAKADAO = Takaful (Shariah-compliant insurance) + DAO (Decentralized Autonomous Organization).
How does it work?
Taka Token Features
they involve uncertainty, gambling and interest.
Insurance pays out only if something goes wrong. If nothing happens, you’d have lost all the money you’ve paid for insurance.
With Takadao, even if nothing happens, you still own a share of the TAKA fund and are therefore entitled to a partial or full return of the premiums you’ve paid. You will also receive profits from investment returns if any.
With conventional insurance, the premiums you’ve paid to the insurance companies are usually invested in interest-bearing vehicles.
With Takadao, your premiums are invested on your behalf in shariah-compliant vehicles that do not involve interest.