Akij Takaful Child Education & Security Plan

Every father and mother dreams and constantly strives to build a safe, secure and Sharia-compliant future for their child. For this, proper planning and a saving mindset are first needed. Currently, the cost of not only higher education, but also any level of education is constantly increasing. As a result, the average income earner of our country is struggling to bear the cost of their child's education. And therefore, with the aim of building a safe, secure and Shariah-based future and lifestyle for your child, we are going to launch an attractive plan called “Akij Takaful Child Education and Security Insurance Plan”, which will provide your child with a regular monthly scholarship for their education expenses. This Takaful plan is completely Shariah-based and follows the Takaful Hybrid model and provides risk protection on the contribution/premium payer and the child’s life. The premium payer will be the child's father or mother. If the premium payer is the mother, then she must have self-earned income. No one other than the father/mother can be the premium payer.