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FoneShield launches Sharia-compliant mobile phone insurance

Mobile phone insurance provider, FoneShield, have just launched a Sharia compliant of their mobile phone insurance product. I’m sure this will be of interest to muslim mobile phone users — and interestingly, anyone who’s on the hunt for a more ethical insurance policy.

I’m not entirely sure how FoneShield’s insurance is more ethical than, say, some insurance bought on the high street. But there you go.

Amian Moaven, Director at FoneShield explains:

“Sharia compliant products are one of the fastest growth areas of the financial sector – evident in the recent issue of Sharia compliant Government bonds. In addition, they also compel us to meet an excellent ethical standard for our business and the respective insurance product. We are very excited about being the first in Europe to offer it as an option.”

More at www.foneshield.net.

By Ewan

Ewan is Founder and Editor of Mobile Industry Review. He writes about a wide variety of industry issues and is usually active on Twitter most days. You can read more about him or reach him with these details.

5 replies on “FoneShield launches Sharia-compliant mobile phone insurance”

I’ll add this to this week’s round-up of insurance products. It looks cheap, but cover is very limited – no loss, no unauthorised call coverage, no coverage of accessories, a relatively high excess and no cover for theft from an unoccupied vehicle. They do offer a loan phone, but at

Nice post about mobile phone insurance. i was looking for such a post.thanks for the posting.

Nice post about mobile phone insurance. i was looking for such a post.thanks for the posting.

The solar oven idea was pretty good. Too bad it's autumn now and there is not that much sun as it was during the summer. I have some lying around, what do you think I could make out of them? Maybe some kind of device that flies, that would be cool.

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