Savings Programme
Mashreq Al Islami Takaful and Savings Programme for regular contributions offers you a simple, flexible and transparent plan designed to meet your needs today and in the future. Gain fast and easy access to this Sharia'h Compliant Savings Programme today to make your dreams come true.
Benefits
- Benefit upto the total premium amount agreed to be paid over the term of the plan
- Four free switches between strategies in a year
- Easy availability and speed of approval with online application process with immediate issuance of certificate completed by a Mashreq Al Islami consultant
- No medical examination required**
- Transparent procedures and programmes
- Annual Takaful Solidarity Fund surpluses are re-distributed amongst all active participants, proportionate to their contribution
- Surrender the programme or encash your savings any time without additional early exit penalty
**Subject to simple health declaration
The Plan
- Open to anyone aged between 18 and 60
- Currency of Programme: AED
- Minimum Monthly Contribution - AED 500
- Flexible period starting from a minimum of 7 years
- Monthly, quarterly, semi-annual or annual contributions - as per your convenience
- Increase or decrease your contributions whenever you want*
- Boost your savings any time with additional Lump Sum payments*
- Partial withdrawals allowed any time before maturity*
- Deferral of contributions for up to 12 months*
- Appoint up to four beneficiaries
*Terms & Conditions apply