Islamic Banking - Insurance - Mustehqam - Standard Chartered Bank Pakistan

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Mustehqam

Mustehqam

A life Takaful product underwritten by Pak – Qatar Family Takaful Limited. Through “Mustehqam”, a Membership is issued to the Participant to provide a cash benefit at the happening of the events covered. Based on an application by the Participant, the Membership is issued by Pak-Qatar Family Takaful Limited (the “Wakeel”) and administered in accordance with the rulings of the Shariah Board.

The minimum lump sum contribution is PKR 150,000/-
Investment: At maturity of the membership, the cash value will be paid out.
Takaful Death Benefit: In case of death during the policy cover period, the customer will get sum covered i.e. initial premium + cash value.
SCBPL does not levy any charges. All charges are levied by Pak – Qatar General Takaful Limited
No security/collateral required

Disclosure

SCBPL is the third party distributor for ‘Mustehqam’. The product is not guaranteed or insured by Standard Chartered Bank or its affiliates and is not a Standard Chartered Bank product.

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