AL-NASIR PLAN
(TAKAFUL PENSION PLAN)

•Eligibility

–Anyone between the ages of 18 and 60;

–A self-employed person;

–An employee whose employer does not have a pension scheme in place

–Anyone who requires additional pension to what has already been provided

  by his/her employer

•Maturity Period

–10 years                     15 years

–20 years                     25 years

–30 years                    

•Distribution of Contribution

–A major proportion of the contribution will be credited into Participant’s Account (PA) as savings;

–The balance will be credited into the Participants’ Special Accounts (PSA) as “tabarru” for the

  payment of death benefits.