Participants in crop takaful would be compensated for any loss or damage suffered due to any of the aforementioned calamities. Crops covered in this takaful product include papayas, brinjals, butternuts, watermelons, pumpkins, cucumbers, melons and bananas. The sum covered will be automatically calculated based on the selected crop type and harvesting land size. Apart from crop takaful, takaful products offered by Ayady Takaful include comprehensive motor takaful, third-party motor takaful, expatriate plus takaful, health takaful, travel takaful, hull takaful and hajj and umrah takaful. Ayady Takaful also offers both general and family takaful products. Currently, there are five insurance companies registered with the Maldives Monetary Authority (MMA) in the Maldives and among them the only fully-fledged takaful company is Amana Takaful Maldives; Allied Insurance Company of the Maldives is the only company with an Islamic window to offer takaful under its brand name, Ayady Takaful.
