Taleem Program

Discover the Taleem Program, a sharia-compliant savings plan designed to help you confidently prepare for your children's higher education. As education costs continue to rise, the Taleem Program offers a flexible solution that empowers you to grow your savings efficiently, ensuring a secure and bright future for your family.

 

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Taleem Program Features
  • Earn 10,000 points by "Akthr" loyalty program
  • A financial plan that allows you to choose from a variety of savings, protection, and investment packages that suit your goals.
  • Waiver from payment of beneficiary subscription in the event of death or disability.
  • Flexible monthly deductions starting from Ʀ 500
  • This program continues until beneficiary reaches the age of 18 years.
  • The minimum subscription is 5 years.
  • The Suspension is after completing 36 months.
  • Partial withdrawal of 25% of the total program values after completing 36 months.
  • Free, 21-day trial period.  If dissatisfied for any reason, you may return the policy with the refund of the subscription amount minus any other expenses.

 

Taleem program, illustration

Subscriber age

35 Years

Beneficiary age

1 Year

Monthly Contribution

  500
Ʀ 

Policy Term

17 Years 

Total Premium Invested Policy Term

102,000 
Ʀ

Total Premium Invested Policy Term (Including Projected 3% Return)

112,000 
Ʀ

Total Premium Invested Policy Term (Including Projected 5% Return)

134,000
Ʀ

Total Premium Invested Policy Term (Including Projected 7% Return)

160,000 
Ʀ

Basic Coverage

Waiver of contribution

  • There is no guarantee that the investment returns shown above will be achieved. This illustration is based on indicative projections and is subject to the actual performance of the selected investment strategy.
  • The projected growth rates, as shown in the table above (i.e., 3%, 5%, and 7%), are gross rates before any applicable investment management charges. The effect of investment charges is already accounted for in the illustrated values.

 

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