Zawaaj Scheme

Zawaaj Scheme

You can plan for your children’s marriages without worrying over finances. With our Shariah-compliant Zawaaj program, delivered through Alinma Tokio Marine, we give you peace of mind.

 

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Benefits that keep pace with your needs
  • A financial plan that provides you with a variety of savings, protection, and investment packages that suit your goals.
  • Waiver of contribution in the event of death or disability.
  • Flexible monthly deductions starting from SAR 500
  • The minimum subscription is 5 years.
  • Program extends until the beneficiary reaches 25 years of age
  • The Suspension is after completing 36 months.
  • Free, 21-day trial period.  If you are dissatisfied for any reason, you may return the policy and have the subscription amount, less any costs, refunded to you.

 

Zawaaj program, illustration

Years
35

Insured age

Year
  1

Beneficiary age

  500
SAR 

Contribution / monthly

24 Years  

Policy term

144,000 SAR
  SAR 

Total premium invested policy term

172,000
SAR 

Total premium invested policy term including projected return 3%

222,000
SAR

Total premium invested policy term including projected return 5%

288,900
  SAR 

Total premium invested policy term including projected return 7%

Waiver of contribution

Basic coverage

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 There is NO guarantee that the investment return shown above will be achieved. This illustration is based on indicative
-  The projected growth rates, as shown in the table above (i.e. 3%, 5% and 7%) are gross rates, before any applicable investment management charge. The effect of investment charge is already taken into account in the illustrated values