the presentation is about dubai islamic bank and its product named takaful

1. Presenter
Siffat Elahi

2. Takaful
Takaful is a system
based on the principle
of Ta’awun (mutual
assistance) and Tabarru
(voluntary
contribution), where
risk is shared
collectively by a group
of participants, who by
paying contributions to
a common fund, agree
to jointly guarantee
themselves against loss
or damage to any one
of them as defined in
the pact

3. How does
Takaful work?
Takaful offers two
benefits – Savings and
Protection. In a Takaful
plan, a portion of your
contribution
(Tabarru’at) that you
wish to save goes into a
solidarity fund.
Contributors to the
fund agree to share
defined financial losses
to be paid out of
defined financial
resources

4. offers
• A college education
for your child from a
prestigious university
• A dream wedding for
your beloved daughter
• Your spiritual
journey to perform Hajj
• A comfortable
retired life with enough
savings to take care of
you and your loved
ones
• Any other financial
objectives you may
want to achieve

5. If you are going to invest
100000 for 12 years you may
receive the following cash
value.
6% growth p.a = Rs. 1,459,627
8% growth p.a = Rs. 1,655,258
10% growth p.a = Rs. 1,879,113

6. What is Al-Islami Savings & Takaful Plan?
o Contributions can be paid monthly, quarterly, half yearly or yearly.
You can start with a minimum monthly contribution of Rs.5000 only
o Select the membership duration according to your specific objective
in mind.
o You can choose an investment profile according to your risk appetite
based on the Cash and/or Equity strategies.

7. Cont.
o Whenever you have excess funds available you can make a lump sum
payment and increase the cash value
o On the other hand if you find yourself in a tight situation you have
the option to decrease the Regular Contribution amount anytime
during the membership tenure.
o You are also allowed partial withdrawals at any time before maturity.
o In case you want to temporarily suspend regular contributions there
is an option of a Contribution holiday (an interval) for up to 12
months
o Freedom to appoint up to 4 beneficiaries (with an option to alter
beneficiary(ies)throughout the term)