EFU Takaful Savings Plan is a saving and investment vehicle. Funds accumulated during the savings term can be utilized for children’s higher education, marriage, generating retirement income or for any other purpose. The plan is flexible enough to respond to most individuals’ needs. It is a unit-linked plan which aims to deliver a substantial sum of money at the end of the savings period. The additional benefit of course comes in the form of family takaful cover.
This plan has been reviewed and approved by the Shariah Advisor of EFU Life Window Takaful Operations, Mufti Muhammad Ibrahim Essa who is a prominent scholar from Jamiah Darul Uloom Karachi & has a vast experience of Islamic finance and Takaful.
Plan Highlights
- Eligible Age: 18 – 65 years
- Policy Term: 10 – 40 years
- Min. Contribution Rs. 30,000/year
Disclosure of Product
This is a Family takaful product which has two distinct elements i.e., Protection and Investment. The Investment Component is linked to the performance of underlying assets under unit linked fund(s)
