Takaful Insurance
Islamic Savings and Takaful
Protection Plans
These plans are designed to give you peace of
mind that your future financial needs are taken
care of through investments in a choice of
Shari'a compliant funds, combined with a range
of Takaful (Islamic insurance) protection
benefits, to cater for a variety of unforeseen
circumstances.
Target Accumulation Plan:
Shari'a compliant savings plan which allows you
to plan and save for your future needs through
investing into selected Shari'a compliant funds
and choosing from a wide range of optional
Takaful protection benefits.
Target Education Plan:
Shari'a compliant savings plan to meet the
future education costs of your children,
combined with a choice of Takaful protection
benefits available for any unforeseen
circumstances.
Target Retirement Plan:
Shari'a compliant retirement savings plan
offering choice of Shari'a compliant investment
funds and optional Takaful protection benefits.
Family Legacy Plan:
Flexible Shari'a compliant protection plan that
will provide and protect your family's financial
security in the event of death as well as help
you save for the future.
Harvest Plan (Single
Contribution Plan):
Flexible Shari'a compliant savings plan gives
you the opportunity to invest a lump sum into a
choice of Shari'a compliant funds.
Sadaqah Plan:
Shari'a compliant savings plan aimed at
encouraging charity within the community. The
plan's objective is that the accumulated capital
resulting from regular saving donations will be
paid out to the Charity of your choice. The plan
provides protection benefits for any unforeseen
circumstances.
Takaful Protection-only Plans
These plans are for protection only (no savings
or investments), paying a fixed sum in the case
of adverse events.
Mustaqbal Plan:
Shari'a compliant protection-only plan is a plan
which you will pay a fixed lump sum in case of
death with optional Takaful protection benefits.
Kafalah Plan (Mortgage Plan):
Shari'a compliant protection-only plan is a plan
which pays your outstanding mortgage in case of
death and includes optional Takaful protection
benefits.
Accident and Health Plans
These plans are annually renewable and designed
to provide for your family's financial needs
should you suffer from an accident or sickness,
in which case a regular annuity will be paid to
your selected beneficiaries.
Tawasul Education Plan:
Shari'a compliant protection plan which pays
continuous allowance towards your child's
education in the event of accidental death or
total & permanent disability.
Tawasul Income Plan:
Shari'a compliant protection plan which pays
continuous income in the event of permanent &
total disability or partial & permanent
disability..