Islamic Finance

Takaful Calculator API

Estimate Sharia-compliant insurance contributions for health, motor, property, life, travel, and business coverage. Supports Wakalah and Wakalah-Mudarabah models across all GCC countries.

Endpoint:/v1/takaful/calculate
Method:GET
Tier:All Plans

Try it out

GET/v1/takaful/calculate

Parameters

Code

curl
curl -X GET "https://khaleejiapi.dev/api/v1/takaful/calculate?type=health&coverage=100000&currency=AED&country=AE&model=wakalah_mudarabah&age=30&dependents=0" \
-H "X-API-Key: your_api_key"

Parameters

ParameterTypeRequiredDescription
typestringRequiredInsurance type: health, motor, property, life, travel, business
coveragenumberRequiredSum insured / coverage amount
currencystringOptionalCurrency code (default: AED)
countrystringOptional2-letter GCC country code (default: AE)
modelstringOptionalTakaful model: wakalah or wakalah_mudarabah (default: wakalah_mudarabah)
agenumberOptionalAge of insured (default: 30)
dependentsnumberOptionalNumber of dependents (default: 0)

Type-Specific Parameters

vehicle_age — Vehicle age in years (motor type)

property_type — residential or commercial (property type)

trip_days — Trip duration in days (travel type, default: 7)

destination — gcc, asia, europe, americas, africa (travel type)

employees — Number of employees (business type)

industry — low_risk, medium_risk, high_risk (business type)

Response Fields

estimate

Annual and monthly contribution, wakalah fee, risk pool allocation, base and effective rates

model

Takaful model details: name, description, fee percentages, and Sharia compliance flag

adjustments[]

Rate adjustment factors (age, dependents, vehicle age, etc.) with percentage impact

disclaimer

Educational use disclaimer in English and Arabic

Rate Limits

PlanRequests/MonthRate Limit
Free1,00010 req/min
Starter10,00060 req/min
Professional100,000300 req/min
Business500,0001,000 req/min