🎉 The Savings Vault is here! Start growing your savings today.

Built on Ethical Principles, Guided by Shariah Compliance

A Commitment to Authenticity, Not Just Labels

We are committed to adhering to AAOIFI Standard, which provides guidelines for Islamic insurance, ensuring our practices align with Shariah principles and industry best practices.

Read Below

What Makes The Lifedao Shariah-Compliant?

At The Lifedao, we understand that Shariah compliance is not just a checkbox or marketing claim—it is a sacred trust.

Every feature The Lifedao suggests or integrates undergoes comprehensive Shariah auditing by our trusted advisors. Nothing is launched without thorough review to ensure full Shariah compliance.

Shariah Governance

Every feature The Lifedao suggests or integrates undergoes comprehensive Shariah auditing by our trusted advisors. Nothing is launched without thorough review to ensure full Shariah compliance.

Shariah Governance

Operates under the Takaful model — a cooperative system where participants contribute to help one another.

Learn More

Our investment pools undergo strict Shariah screening. Funds are only directed into Halal and ethical opportunities.

Learn More

Interest-Free

(No Riba)

TLD charges or earns no interest — fully aligned with Shariah.

No Gambling Elements

(No Maisir)

No speculative or gambling-like transactions.

No Uncertainty

(No Gharar)

Donation-based model removes ambiguity.

No Deception

(No Tadlis)

Transparent terms and clear transactions.

Meet Our Shariah Advisory Board

We are advised by a panel of qualified and distinguished financial experts with expertise in Islamic finance.

Hany Helmy

Chairman

Chairman of Takadao's Shariah Board, expert in Takaful and Islamic finance.

Hamid Irsane

Member

Holds an INCEIF Islamic Finance Certificate and supports Takadao's Shariah compliance.

Akram Al Bialy

Member

Brings expertise in governance, compliance, and safety to Takadao's DAOs.

Our Pledge to the Community

Shariah Compliance is Not a Destination - It’s a Continuous Journey of Accountability and Spiritual Responsibility.

We welcome community questions and feedback.

We invite scholars and critics to review and challenge our model.

We are committed to transparent governance and improvement.

Get Your Questions Answered

How is The Lifedao Shariah compliant?

The Lifedao is fully consistent with Shariah principles which means that all our financial products, services, investments, and operations strictly adhere to Islamic law (Shariah). This prohibits the charging or receiving of interest (Riba), gambling or speculation (Maysir), and extreme uncertainty (Gharar). Instead, our transactions are based on tangible assets, risk-sharing

Which Standard for The Lifedao?

Our practices are aligned with the accounting, auditing, governance, and ethical standards set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions)

What is Islamic Mutual Protection Coverage?

Islamic Mutual Protection Coverage (IMPC) is a system based on the principle of Ta’awun (mutual assistance) and Tabarru (voluntary contribution), where risk is shared collectively by a group of participants, who by paying contributions to a common fund, agree to jointly guarantee themselves against loss or damage to any one of them as defined in the pact.

Is The Lifedao for Muslims only?

No,The Lifedao is open to all. Non-Muslims are usually opting for Islamic alternatives to insurance due to its viability, greater transparency and ethical operations.

From the blog

The Lifedao is a community-owned Nobank that lets you be your own bank. You can save, spend, protect, and grow your money without relying on banks or interest, and without losing control.

The Lifedao is NOT backed by any regulated financial institution. TLD functions on the principles of...

About

Legal Entities Terms & Conditions Privacy Policy Cookies

Help

Blog FAQ Bug Bounty