IDIKHAR SAVING PLAN Istimthmar Investment Plan is a Single Contribution Investment Plan. It has no fixed term but the Plan must end on the Plan Anniversary prior to the 85th birthday of the Covered Member. You can invest for as long as you like, however, you should aim to keep investment for at least 5 years. It has a Family Takaful Benefit which provides a small lump sump payment if the Covered Member passes away. The Plan will end if it is encashed for its full encashment value or if we pay out the Family Takaful Cover or on the Plan Anniversay prior to the 85th birthday of the Covered member. This Plan is reviewed by the Shari'ah Advisory Board of SALAMA and is Shari'ah Compliant.
The Benefits:
A built-in Family Takaful Cover provides a lump sum payment if the Covered Member passes away prior to Benefit Expiry Date during the term of the Plan. This is equivalent to 110% of the Single Contribution amount or, the Fund Value if greater.
