Takatalks
Takatalks: Stories of Financial Systems, Crypto, and the Islamic Economy
Join husband and wife duo, Morrad Irsane and Sharene Lee, the entrepreneurs behind the groundbreaking Web3 startup Takadao, as they guide you through engaging discussions on the pivotal pillars of the modern economy. Delve into the realms of finance, technology, and ethics, exploring the disruptive technologies and the principles underpinning Islamic finance. Through captivating conversations and thought-provoking interviews, we amplify diverse voices and perspectives, fostering a deeper understanding of global financial evolution.
OTHER SOCIALS:
Twitter/X: TAKADAO (@TakafulDao) / X (twitter.com)
LinkedIn: https://www.linkedin.com/company/takadao/
YouTube: https://www.youtube.com/@Taka-dao
Takatalks
Can Community-Owned Mutual Protection Funds Transform Insurance?- Sharene Lee
Let us know what you think of this episode
Summary(Season 2, Ep9):
Leila and Sharene Lee discuss Takasure, a community-owned mutual protection fund using technology to offer alternative insurance by enhancing transparency and inclusivity. Inspired by the 2008 financial crisis and the need for trustworthy alternatives, Takasure uses smart contracts for Sharia-compliant, self-adjusting mutual protection funds. Takadao, the platform behind it, charges a 20% fee, with the remaining funds belonging to the members.
For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here:
Takeaways:
- Takasure is a community-owned insurance fund changing the way insurance works.
- The 2008 financial crisis made people distrust big, centralized institutions.
- Community involvement and technology help create a fairer and more open financial system.