# Introduction

<figure><img src="/files/HJPVDuTJQ9K3O3W11YbM" alt=""><figcaption></figcaption></figure>

At Takadao, we share the belief that halal decentralized financial solutions should be globally accessible at a fair price and with impeccable transparency for every person who does not agree with the way conventional finance is facilitated today.

Unlike traditional finance, Islamic finance offers services that cater to religious sensitivities by honoring financial and moral obligations to Allah and then to its stakeholders. Islamic finance focuses on spiritual, and socio-economic justice, and increased goodwill through a fair and balanced society, despite its benefits, the adoption by Muslims of Shariah-compliant financial alternatives has been hamstrung by several challenges. The most notable of which is the lack of transparency, resulting in low consumer trust and a lack of business and operational excellence.

At Takadao, we aim for excellence and every business decision and technical foundation is guided by a deep consideration for Islamic principles as well as integrity to ensure end-to-end shariah compliance.

The ultimate goal of our organization is to bring financial solutions to the global landscape in order to provide financial stability to participants having adverse life experiences by leveraging the power of blockchain technology.&#x20;

One of these financial solutions is called The LifeDAO which stems from a desire to solve the problems faced by cooperative Islamic Insurance today.

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