Pakistan – Pak-Qatar Family Takaful Limited (PQFTL) has launched a unique Shariah Compliant investment plan called Mahana Bachat & Takaful Flexi Plan (MBTP).
MBTP offers 100% Shariah Compliant returns to members with a minimum contribution amount of PKR 50,000. Subscribers can further increase their earnings through regular top-up contributions from as low as PKR 1,000 per month. Participants can also withdraw profit in the form of additional fixed monthly income. The benefit that stands out among all the other benefits is that it includes free Takaful cover up to PKR 30 million or 6 times the average cash value of the last 3 months, whichever is lower.
In addition to these key benefits, MBTP offers discounts on other Takaful covers, including a discounted rate of 1.35% on Motor, 25% on Travel, 20% on Home, 50% on Individual Health and 50% on Next Life Takaful. This unique value proposition sets MBTP apart from similar plans in the country.
It offers unrivaled value through a combination of competitive returns, ease of onboarding and withdrawals with free Takaful intelligence .” said Mr. Waqas Ahmad, CEO of Pak-Qatar Family Takaful Limited “We have also introduced an easy-to-use mobile application to service the plan to enable our members to achieve their financial goals.”
