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MORTGAGE TAKAFUL PLAN
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Peace of mind with assurance that the outstanding balance of your housing loan, credit or house or other property/assets financing facility will be settled in full by Takaful Malaysia upon your untimely death or permanent total disability.
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Eligible for individual between 18 to 55 years old with a financing/loan facility
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Your guarantor will be free of any pability from your credit facility or loan
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Based on the Islamic profit sharing contract of al-Mudharabah, you are entitled to share profit or surplus of the operation based on actuarial valuation of Participant’s Special Accounts of Family Takaful Fund
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Scope of cover will be death and permanent total disabipty.
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The contribution payable will be based on amount of loan, repayment period, age at next birthday, rate of profit of loan and interim period.
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