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We Declare 15% Mudharabah Payment
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INFAQ TAKAFUL PLAN
WAQAF TAKAFUL PLAN
INFAQ TAKAFUL PLAN
This plan is to allow some amount of money donated to any institutions based on Infaq concept or known as sedekah.
Infaq Takaful Plan is suitable for any institutions or organizations to collect fund from members and public.
Participants may required to contribute only once in their lifetime and exception from paying income tax.
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WAQAF TAKAFUL PLAN
This special plan is designed for any individual to save regularly as a donation under the Waqaf system. Participant would have a considerable sum of money through accumulation of the takaful installments paid regularly over a certain period of time
Company shall remit any benefits payable under this plan, either upon timely death of the participant or maturity, to the institution named as waqaf recipient.
Eligible for any Muslim between 18 to 70 years old. The plan provides cover in the event of death of the participant only. Participant may need to sign Waqaf Declaration as a prove to transfer money as a gift in accordance with the Islamic principle of Waqaf.
Those recipients under this plan will be :
The Mosque Building Fund(approved by State Religious Authority)
Education/Scholarship Fund
Yayasan Pembangunan Ekonomi Islam Malaysia(YPEIM)
The Pilgrimage Welfare Fund
The minimum amount of Takaful installment is RM10.00 per month.
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