Pak-Qatar Family Takaful Limited (PQFTL) has launched a one-of-a-kind Shariah-compliant investment plan called Mahana Bachat & Takaful Flexi Plan (MBTP). MBTP offers members 100% Shariah-compliant returns with a minimum contribution amount of PKR 50,000. Participants can increase their returns through regular monthly top-up contributions as low as PKR 1,000.
The plan allows for easy online withdrawals, both partial and permanent. Participants may also withdraw profit as an additional steady monthly income. The benefit that stands out among all other benefits is that it includes complimentary Takaful coverage of up to PKR 30 million or 6-multiple of the last three months’ average cash value, whichever is lower.
Beyond these key benefits, MBTP offers discounts on other Takaful covers, including a 1.35% discount on motor, a 25% discount on travel, a 20% discount on home, a 50% discount on individual health, and a 50% discount on additional life Takaful. This unique value proposition sets MBTP apart from similar plans in the country.
“We are pleased to offer this unique Shariah-compliant investment-linked Takaful plan that caters to the growing demand for financial security and flexibility. It offers unmatched value with its competitive returns, easy onboarding and withdrawals, and complimentary Takaful coverage,” said Mr Waqas Ahmad, CEO of Pak-Qatar Family Takaful Limited. “We have also introduced an easy-to-use mobile app to service the plan. This reflects our commitment to developing innovative Shariah-compliant solutions that empower our members to achieve their financial goals.”
