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Endowment (Ma’asyi) Takaful

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Abstract

Retirement is usually associated with the disruption of regular income. Although to some, such as civil servants, monthly pension benefits are available, the amount is usually not very large. Others perhaps enjoy a lump sum benefit from savings on their EPF, but such an amount of money can disappear in a matter of days without proper care and planning. Now whilst you are still working you can plan your future retirement with the help of Takaful Malaysia. By participating in the Takaful Ma’asyi (Endowment) Plan, benefits in the form of a pension will be paid to you regularly.

A significant contribution to this chapter has been made by the practices, experiences and thoughts of Bank Negara, Takaful Malaysia, Takaful Ikhlas, Takaful Nasional, Etiqa Takaful, IBFIM, IIUM, MII and others (Malaysia).

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Cite this chapter

Billah, M.M. (2019). Endowment (Ma’asyi) Takaful. In: Islamic Insurance Products. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-17681-5_27

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  • DOI: https://doi.org/10.1007/978-3-030-17681-5_27

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-17680-8

  • Online ISBN: 978-3-030-17681-5

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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