Salaam Takaful Limited partners with National Foods Limited to provide Crop Takaful coverage
Salaam Takaful Limited and National Foods Limited recently signed an MoU to commence a strategic partnership to provide Parametric-based Crop Takaful coverage to farmers. Under this partnership, a pilot project will be conducted in the Sindh region, that provides comprehensive weather-related risk coverage for tomato farmers. By combining their expertise, both entities aim to provide farmers with comprehensive and accessible Islamic insurance coverage, safeguarding their livelihoods and enabling sustainable growth in the agricultural sector. This is in line with Salaam Takaful’s vision of creating a robust ecosystem to make farmers resilient against climate change under UNSDGs.